27 After The Breach , What To Do Here are further steps you can take to protect your firm and its reputation after a cyberattack . By Mark Hurley and Brian Hamburger
37 Muni Bonds And Severe Weather With the right tools , advisors can build portfolios that thrive amid climate uncertainty . By Jude R . Scaglione
39
42 Why Wealthy Families Seek Safe Spaces A family ’ s physical security becomes a central consideration at family offices . By Matthew Erskine
44 A High-Yield Fix For Fixed-Income Uncertainty The BlackRock High Yield Fund ’ s flexible approach has generated steady returns . By Jeff Schlegel
47 Social Security Fairness Act Recalibrates Plans Some married , divorced and widowed individuals with pensions may see the biggest boost . By Eric L . Reiner
49
51 Helping Clients Cope With The Home Insurance Crisis Some economists worry that homes in disasterprone areas could become uninsurable . By Ben Mattlin
54 Real Estate Finds Its Landing Private real estate becomes a bigger object of investor affections . By Christopher C . Williams
60 The Crisis In Western AI Is Real The challenges of AI R & D and China ’ s rise require a forceful , serious response . By Charles Ferguson
Business Management
TECHNOLOGY & OPERATIONS
27 After The Breach , What To Do Here are further steps you can take to protect your firm and its reputation after a cyberattack . By Mark Hurley and Brian Hamburger
Wealth Management
INVESTING
37 Muni Bonds And Severe Weather With the right tools , advisors can build portfolios that thrive amid climate uncertainty . By Jude R . Scaglione
39
The Silent Asset Allocation Problem With the rapid appreciation of the largest stocks , the asset-class goalposts have moved . By Steven Ellis
PRIVATE WEALTH
42 Why Wealthy Families Seek Safe Spaces A family ’ s physical security becomes a central consideration at family offices . By Matthew Erskine
PORTFOLIO SPOTLIGHT
44 A High-Yield Fix For Fixed-Income Uncertainty The BlackRock High Yield Fund ’ s flexible approach has generated steady returns . By Jeff Schlegel
37
39
54
RETIREMENT PLANNING
47 Social Security Fairness Act Recalibrates Plans Some married , divorced and widowed individuals with pensions may see the biggest boost . By Eric L . Reiner
I & WI ® , CFP ® and CFFP ® CE credit exams are on page 56 .
4 | FINANCIAL ADVISOR MAGAZINE | MARCH 2025 WWW . FA-MAG . COM
49
Annuities Without The ‘ C ’ Word Insurers have been busy creating commission-free annuities that work for the fee-only advisor . When will investors notice ? By Jennifer Lea Reed
INSURANCE
51 Helping Clients Cope With The Home Insurance Crisis Some economists worry that homes in disasterprone areas could become uninsurable . By Ben Mattlin
REAL ESTATE
54 Real Estate Finds Its Landing Private real estate becomes a bigger object of investor affections . By Christopher C . Williams
PARTING SHOT
60 The Crisis In Western AI Is Real The challenges of AI R & D and China ’ s rise require a forceful , serious response . By Charles Ferguson