All told, the early 2023 inventory spike looks unavoidable, and the real question is where mortgage rates will be when the listings hit the market.
The mobile app really is becoming the center of the modern wealth management client user experience, and that’s true not just for do-it-yourself investors but also for those who work with a financial advisor.
This transaction follows several others made by Nassau over the previous couple of years and is in line with their current growth strategy of acquiring small to midsized life/annuity blocks of business, while continuing to grow annuity sales.
The regular survey paints a gloomy economic picture for 2023: a net 73 percent of respondents expect the global economy to weaken in the next 12 months, while a net 77 percent say a recession is likely, the highest level since April 2020.
While many investors are rightly focused on elevated inflation and other near-term headwinds, inflation is expected to cool over the next couple of years and long-term return projections have shifted meaningfully higher.