FA Magazine December 2023 | Page 4

Business Management
YOUR BUSINESS
28 What Future Clients Really Want Advisors are falling victim to a number of inaccurate stereotypes about tomorrow ’ s clients . By Philip Palaveev
CLIENT RELATIONS
33 From Riches To Rags A former Morgan Stanley
advisor may have cracked the code on how to keep pro athletes out of bankruptcy . By Tracey Longo
TECHNOLOGY & OPERATIONS
35 Crypto Comes In From The Cold How crypto might have gotten through its nasty winter . By Christopher Robbins
Wealth Management
INVESTING
43 Is It Time For Dividend Stocks ? Many experts are bullish about sectors that have been out of favor . By Ben Mattlin
46
The Changing Face Of ETFs Active asset managers increasingly see them as a way to keep their customers . By Jeff Schlegel
Steve Remich , portfolio manager at First Pacific Advisors .
PHOTOGRAPHY COURTESY OF FIRST PACIFIC ADVISORS

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INVESTING
49 The Stunning Resilience Of Emerging Markets Contrary to many analysts ’ expectations , emerging markets have not spiraled into a debt crisis . By Kenneth Rogoff
PORTFOLIO SPOTLIGHT
51 This Go-Anywhere Fund Goes Places The 30-year-old FPA Crescent Fund has made money across different market cycles . By Jeff Schlegel
RETIREMENT PLANNING
54 Using Guardrails For The 4 % Rule After Morningstar came up with a new number in 2021 , two divergent opinions about the safe withdrawal rate have now reconciled . By Jennifer Lea Reed
PARTING SHOT
60 America ’ s Top 1 % Don ’ t Make As Much As You Might Think Income inequality is still a huge problem , but it hasn ’ t been growing as quickly as some statistics indicate . By Tyler Cowen

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I & WI ® , CFP ® and CFFP ® CE credit exams are on page 56 .
CE exams are online at fa-mag . com / ce _ center .
2 | FINANCIAL ADVISOR MAGAZINE | DECEMBER 2023 WWW . FA-MAG . COM