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Michael Bonevento has been an Ameriprise financial advisor for 17 years, but the events on September 11, 2001 forever changed the way he approaches discussions about risk management with his clients. After the tragedy, he was approached by a number of families who were directly impacted and were experiencing severe financial strain as a result of their unexpected loss. This experience has led Bonevento to passionately encourage his clients to protect themselves and their families with adequate insurance as one of the most important parts of a financial plan.Valentine’s Day presents the opportunity for couples and families to celebrate their relationships. Unfortunately, even the strongest bonds can be jeopardized – and financial security threatened – when something unexpected happens. Ameriprise financial advisors are available to discuss the risks families may be exposed to, and the ways they can reduce the possibility of financial instability in the wake of an unexpected event or family tragedy. Possible topics include:
- Things people tend to overlook when they consider their insurance needs.
- Milestones that should prompt a close review of one’s insurance policies.
- Guidance for starting and maintaining productive conversations about insurance between family members.
- Types of insurance that a single person or those with a family should consider to supplement workplace benefits.
- Ways to calculate where there might be gaps in a family’s protection plan.
- Methods to include the cost of insurance into one’s budget and overall financial plan.
Read about what drives one of our financial advisor’s passion for insurance.
If the economy is “muddling through,” why should we expect anything different from corporate earnings? That has been the question from the “top-down” types like strategists and economists for some time now. This same time last year, the “bottoms-up” company analyst types replied that the concerns were valid, but that there were still plenty of opportunities for earnings to outpace the economy: margin recovery still to come, acquisitions, new products that could outperform the general economy, etc. The analysts were more or less right, but as they look at fourth quarter 2011 results and parse the CEO commentary to formulate estimates for 2012, the extra earnings levers are more scarce, and the Earnings Per Share estimates are on more of a “muddle through” trajectory.
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MINNEAPOLIS – February 6, 2012 – Ameriprise Financial, Inc. (NYSE: AMP) today announced that Jim Cracchiolo, chairman and chief executive officer, is scheduled to speak about the company’s business and strategy at the Credit Suisse Financial Services Forum in Miami, Fla. on Thursday, February 9, 2012 at approximately 8:00 a.m. (ET).
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The January employment report surpassed all expectations in both its strength and its breadth. The creation of 243,000 new non-farm jobs was the highest total since April, 2011. The three-month moving average of job growth rose to 201,000 from 157,000 in December, even after factoring in a 57,000 job upward revision to November's total. The unemployment rate fell from 8.5 to 8.3 percent, its lowest level since February, 2009.
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Last week, as expected, the Federal Reserve announced no change in the target fed funds rate at the conclusion of its scheduled meeting. But, it also went one step further. For the first time it included in its economic projections the calendar year in which each of the members of the Open Market Committee anticipates that the first increase in the fed funds rate will occur, consistent with the Fed's dual mandate of full employment and stable prices.
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Recent findings from the New Retirement Mindscape® City Pulse index suggest that a person’s gender may influence the ways they plan for retirement, and it appears both men and women can learn a lot from one another. Regardless of your marital status, it’s beneficial to understand that the ways you approach retirement may be different from your spouse or partner, family and peers. Though there may never be absolute agreement among couples or families when it comes to planning financially for retirement, different perspectives are often very valuable.
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It’s natural to feel a bit apprehensive about retirement, especially as concerns about the economy continue to linger and career setbacks remain prevalent. The options and advice available to you can often seem overwhelming and complex, but there are several simple things you can do if you’re feeling unprepared for your retirement years. Suzanna de Baca, vice president of wealth strategies at Ameriprise Financial shares the following steps to help you prepare for — and feel more confident about — your retirement.Minneapolis – (January 24, 2012) – Men and women are preparing for retirement in very different ways, according to additional findings from the New Retirement Mindscape® City Pulse index, released today by Ameriprise Financial. While men outpace women in planning for the financial aspects of retirement (77% vs. 72%), women are more likely to say they’ve thought about what they’d like to do during retirement. And though a mere 22% of Americans report confidence in reaching their retirement goals, men are significantly more likely than women to report this sentiment (25% vs. 19%).
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