21
24 Your Client Has Been
30
33
35
38
40 Playing Offense In A Defensive Sector
43 ABLE Accounts For
45
47 A New Era For ETF Taxation
49 The Housing
51 Rethinking The
53
60
Business Management
YOUR BUSINESS
21
New Young Clients Want More Control
Gen X and millennials are likely going to be thinking more like business owners. By Scott Winters
TECHNOLOGY & OPERATIONS
24 Your Client Has Been
Hacked— What Do You Do Now?
Advisors are discovering that client breaches quickly become their problem. By Mark Hurley and Marcus Anderson-Valencia
Wealth Management
INVESTING
30
33
35
38
New Yardsticks For PE Investing
As private equity becomes more popular, we’ ll need better ways to measure its performance. By Susan Mangiero
The Bond Market Will Not Be Fooled
Why the government and financial markets may be in for a rude awakening. By Allison Schrager
Many Advisors Got 2025 Wrong. Now Here’ s The 2026 Playbook Reset
Many of last year’ s forecasts failed. That’ s shaping the way advisors talk to clients about this year. By Jennifer Lea Reed
Active Bond Managers At Play
Bond pickers say the disadvantages of the index and geopolitical turmoil give them a leg up. By Christopher C. Williams
PORTFOLIO SPOTLIGHT
40 Playing Offense In A Defensive Sector
The Virtus Reaves Utilities ETF is a growth play on utilities. By Jeff Schlegel
30
45
49
INSURANCE
43 ABLE Accounts For
Disability Are Expanding In 2026
ABLE accounts remain one of America’ s most underutilized tax savings vehicles. By Ben Mattlin
2 | FINANCIAL ADVISOR MAGAZINE | JANUARY / FEBRUARY 2026 WWW. FA-MAG. COM
45
The Expansion Of HSAs
Some expect a surge in new accounts. Others fear there are not enough eligible individuals to drive a new wave of sign-ups. By Ben Mattlin
TAX PLANNING
47 A New Era For ETF Taxation
These share-class changes could reshape portfolios. By Ron Delegge
REAL ESTATE
49 The Housing
Market Is Moving In Favor Of Gen Z
Today’ s disgruntled youth should prepare for the coming change even as they bemoan affordability. By Conor Sen
RETIREMENT PLANNING
51 Rethinking The
Starting Line For Retirement Planning
The Trump Account introduces a fundamental shift in retirement planning by giving future generations a financial head start. By Peter J. de Silva
53
Could These 401( k) Overhauls Fix Housing And Retirement Gaps?
Washington has eyed major changes to America’ s 401( k) system to deal with Americans’ persistent financial problems. By Tracey Longo
PARTING SHOT
60
5 Ways Advisors Can Win Over The Next Generation
Advisors who embrace tech and personalize their offerings have a better chance at keeping rising-gen clients. By Amy Hart Clyne