RiXtrema

Why AI Will Never Replace Financial Advisors: Shocking Information

Most people are in two camps about ChatGPT and generative "AI".

They either believe any hype, believe that is smarter than humans and will replace us, or they believe that it is fad that will pass.

The truth is in the middle.

To educate you about “AI” and financial advice, we have created a mini-course of 5 short videos.

Watch the first video:
“Why AI Will Never Replace Financial Advisors: Shocking Information”
https://rixtrema.net/advisorai_live/ -1

P.S. Unlock the secret of combining AI with LinkedIn and Email to supercharge your prospecting efforts and win more plans!
Join Our FREE Session HERE!
https://rixtrema.net/advisorai_live/

Do the work of hours in minutes and win plans like never before. Learn how during a free session tomorrow May 16th at Noon Eastern.

Secure your spot now!
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Real Estate Dillema

Not so long ago, we were in the age of “free money” when in 2020 the US Fed plunged interest rates down to 0% to boost economic activity during the pandemic. These policies opened a floodgate for all kinds of investments resulting in a frenzy of buying activity leading to record-breaking price appreciation, especially in Real Estate. But as we entered 2022, the US Fed “free money” policy has pivoted 180 degrees to aggressively raising interest rates. Lack of cheap credit created a lot of stress on the capital markets. Those two events led to a downward pressure on asset prices including real estate. 30-year fixed rate mortgage doubled in just 1 year from around 3% to 6.33% today.

Real Estate Dillema Not so long ago, we were in the age of “free money” when in 2020 the US Fed plunged interest rates down to 0% to boost economic activity during the pandemic.

Portfolio Reallocations Are on the Way

Financial advisors are increasingly drawn to alternative investment strategies as a means of navigating an economic environment that appears fraught with potential pitfalls.

Findings from a study by CAIS and Mercer show that nearly 90% of advisors surveyed plan to increase allocations to alternatives over the next two years.

The traditional portfolio model of 60% stocks and 40% bonds has come under increasing scrutiny during the market and economic unrest of the past two years, and it’s not surprising to see advisors and investors diversify into alternatives. But the current swing could represent a great shift in portfolio allocation strategies.

Portfolio Reallocations Are on the Way Financial advisors are increasingly drawn to alternative investment strategies as a means of navigating an economic environment that appears fraught with potential pitfalls.

The SECURE ACT 2.0 Is Now Law

After some concerns it would not get passed in time, but with no ‘controversy on substance’, the SECURE ACT 2.0 is now law. Now with the January 3rd deadline met, financial advisors, plan sponsors and ordinary Americans can expect significant changes to the rules around retirement. Whether it will transform the majority of American lives, after leaving work, remains to be seen. For now at least, millions of workers across the US will see a big shift in how they prepare for life after work.
Here are 5 important provisions from the SECURE ACT 2.0 likely to be rolled out...
https://rixtrema.com/blog/the-secure-act-2-0-is-now-law/

The SECURE ACT 2.0 Is Now Law After some concerns it would not get passed in time, but with no ‘controversy on substance’, the SECURE ACT 2.0 is now law.

War, Oil, and Your 401K: How to Manage Risk in Times of Market Uncertainty

The war in Ukraine has created uncertainty in the global oil market, which can lead to an increase in oil prices. As the United States imports a significant amount of oil, an increase in oil prices can lead to higher fuel costs for American consumers and businesses, which can cause the prices of goods and services to increase. Additionally, the increase in fuel costs can also lead to higher energy costs for American businesses, which can cause the prices of goods and services to increase further. The fuel prices are holding stable for now but how long are they going to stay that way?

As China looks to remove its stringent COVID restriction, a rise in economic activity is expected to swing the global crude oil higher, which is already experiencing a shortage of oil due to OPEC production cuts and the sanctions levied on Russia due to its pointless aggression in Russia.

https://rixtrema.com/blog/war-oil-and-your-401k-how-to-manage-risk-in-times-of-market-uncertainty/

War, Oil, and Your 401K: How to Manage Risk in Times of Market Uncertainty The war in Ukraine has created uncertainty in the global oil market, which can lead to an increase in oil prices.

Why is silver leaving London Vaults? And is gold joining in?

Thousands of tons of silver left LBMA vaults leading up to the end of 2022. This hemorrhage is historically unprecedented and gold is now joining in. This bodes very well for precious metals prices, but what does it mean for risks in the financial markets in 2023? Watch to find out...

Why is silver leaving London Vaults? And is gold joining in? Episode 16.✅ 00:00 ✅ 06:41 - Silver is Stealthy✅ 10:25 - Warning From the Vaults✅ 11:10 - History of Silver✅ 13:40 - Where Did All the Silver go?✅ 14:44 - Si...

Questions Plan Sponsors Should Ask Retirement Plan Advisers
The relationship with a financial adviser is key for retirement and the financial health of a plan sponsor’s employees. Advisers should become more knowledgeable not only about retirement, but also about other aspects of retirement planning.

It is important to ask the right questions from the get go and make everything clear before you start a partnership. This way you could keep your business protected and allow employees afford a good standard of life after work.

Here are some questions to consider ..

https://rixtrema.com/blog/questions-plan-sponsors-should-ask-retirement-plan-advisers/

Black Swan Put Protection: How to Impement It in Your Portfolio (Ep. 14)

Options, particularly put options, have a big role in risk management. In this video we discuss how S&P 500 put options can hedge risks and how much it costs to employ put options to hedge risks.

Black Swan Put Protection: How to Impement It in Your Portfolio (Ep. 14) Options, particularly put options, have a big role in risk management. In this video we discuss how S&P 500 put options can hedge risks and how much it costs...

Biden Takes China to the Brink, Chip & Yuan Mayhem (Episode 12)

Biden administration punched China in the microchip solar plexus with unexpectedly tough sanctions. This happened at the same time Yuan is under pressure and political power is consolidated in China. What does this mean for your portfolio?
🔥 🔥 🔥 Watch and find out! 🔥 🔥 🔥

Biden Takes China to the Brink, Chip & Yuan Mayhem (Episode 12) Investing Counterpoint Show: New EpisodeBiden administration punched China in the microchip solar plexus with unexpectedly tough sanctions. This happened at ...

Bond and Stock Carnage: Will Bitcoin Become the Least Dirty Shirt?
(https://youtu.be/GIQk4SZo2_c)

Is Bitcoin going to become a truly diversifying asset? Will it become true stable money? Or will it falter through mistakes and/or government intervention? Join this lively discussion with portfolio risk experts and learn what you need to know about crypto.
🔥 🔥 🔥 Find out by watching the show! 🔥 🔥 🔥
https://youtu.be/GIQk4SZo2_c

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Bond and Stock Carnage: Will Bitcoin Become the Least Dirty Shirt? (Episode 11) Investing Counterpoint Show: New EpisodeIs Bitcoin going to become a truly diversifying asset? Will it become true stable money? Or will it falter through mi...

Europe Implosion or Yen Collapse: What's more dangerous for your client's portfolio?
https://youtu.be/m3w8Y4PgrqE

We see multiple crises playing out simultaneously. Europe imploding over lack of energy, British pound and gilts (equivalent of treasuries) imploding, US dollar causing pain for anyone with USD denominated debt and Japanese yen is under pressure. How is this going to impact your clients' portfolios? It will in a big way, even if they don't hold any of those regions directly.
🔥 🔥 🔥 Find out by watching the show! 🔥 🔥 🔥
https://youtu.be/m3w8Y4PgrqE

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Europe Implosion or Yen Collapse: What's more dangerous for your client's portfolio? (Episode 10) Investing Counterpoint Show: New EpisodeWe see multiple crises playing out simultaneously. Europe imploding over lack of energy, British pound and gilts (equ...

RPAG 2022-Main Takeaways: The Evolution of Target Date Funds, Managed Accounts and Defining Risk

Watch the New Episode of the Investing Counterpoint show:
https://youtu.be/mJ5zGW7HSm4

-Main Takeaways From San Diego RPAG.
The evolution of target date funds now specified by date.

-Managed Accounts.
Asset allocation in target date funds are heading in interesting directions-Managed accounts for example.

-Defining Risk.
One thing missing, this year, was that none one defined risk. But, it’s important to get specific...

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Watch the show: https://youtu.be/mJ5zGW7HSm4

RPAG 2022-Main Takeaways: The Evolution of Target Date Funds, Managed Accounts and Defining Risk Flying solo today, I am in sunny San Diego for the annual RPAG conference. In this episode I’ll be talking about all the cool stuff I learnt from the best in...

Et tu Europe? How to Stress Test Europe For Your Client Portfolios... Investing Counterpoint: New EpisodeEveryone pays attention to Jerome Powell and the Fed. But ECB has now joined the anti-party, effectively announcing 75 bas...

Et tu Europe? How to Stress Test Europe For Your Client Portfolios...

https://www.youtube.com/watch?v=Hk3wkrOLCvk
Investing Counterpoint: New Episode

Everyone pays attention to Jerome Powell and the Fed. But ECB has now joined the anti-party, effectively announcing 75 basis points rate increase and signaling more to come. This will do nothing to fight inflation, which is created by supply shocks, but will derail businesses in Europe. How is it going to affect your client portfolios? Watch and find out.

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Watch Investing Counterpoint Show
https://www.youtube.com/watch?v=Hk3wkrOLCvk

Et tu Europe? How to Stress Test Europe For Your Client Portfolios... Investing Counterpoint: New EpisodeEveryone pays attention to Jerome Powell and the Fed. But ECB has now joined the anti-party, effectively announcing 75 bas...

Turnabout Is Fair Play

Our team has written a lot about successful excessive lawsuit cases. Given the proliferation of these lawsuits, you would be forgiven for thinking that some of them may not have a whole lot of merit to them. There have been so many of them, that we don’t write about them that much anymore.

But as the number of these lawsuits increases year after year, you have to wonder how far these attorneys have to go to prove damages. Given the money they have made by bringing these suits, they are incentivized to continue.

Turnabout Is Fair Play Our team has written a lot about successful excessive lawsuit cases. Given the proliferation of these lawsuits, you would be forgiven for thinking that some of them may not have a whole lot of merit to them.

According to a new study, Longevity and the New Journey of Retirement, 69% of Americans desire to live to the age of 100. With the current state of technological improvement in the healthcare system, Americans now live longer than ever, which is a good thing but it does create multiple challenges for retirees.

Most people who want to live longer, according to the study, hope to spend more time with their family and friends. A minority of respondents said that they’re just afraid of dying. The ideal length of retirement for most of them is 29 years.

Read Full Blog:
https://rixtrema.com/blog/longer-life-as-an-impact-on-retirement-system/

RiXtrema updated their website address.

Stress Testing the Bear Market Rally & Emerging Markets Hard Landing

Investing Counterpoint Episode:
As the market roars higher and many experts are surprised, we take a look at how financial adivsors can discusss these events with clients. Markets are going up with recession in the economy, declining oil price, declining housing and significant softness in the data out of China. Given all this data we show you how to stress test Emerging Markets Hard Landing and how to discuss it with your clients.

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Become a Trusted Risk Advisor with Portfolio Crash Testing:
Request Demo Now:
https://rixtrema.com/landings_pctpro?source=FB190822





https://www.youtube.com/watch?v=miLZlhoCobg&ab_channel=RiXtrema

Stress Testing the Bear Market Rally & Emerging Markets Hard Landing Investing Counterpoint Episode: As the market roars higher and many experts are surprised, we take a look at how financial adivsors can discusss these events...

How to Manage Risk of MIssing Out During a Face Ripping Bear Market Rally?

https://www.youtube.com/watch?v=bOhju6ynybA&t=3s

How to Manage Risk of MIssing Out During a Face Ripping Bear Market Rally? Investing Counterpoint Episode 4. In the prior three episodes we discussed various stress tests financial advisors should run on their client's portfolios to...

SNAP recently reported dismal earnings and stopped future guidance altogther. How can you model the impact of this event and general deterioration of Big Tech earnings on your clients’ portfolios? In this episode we run stress tests around yield curve scenarios and discuss internet shocks. Learn how to discuss these issues as a financial advisor with your clients.

https://youtu.be/nEoDQ0mlzHU

How to Model Internet Volatiliyt and Its' Impact on Your Clients' Portfolios SNAP recently reported dismal earnings and stopped future guidance altogther. How can you model the impact of this event and general deterioration of Big Tec...

CIT’s are an essential part of most 401(k) plans nowadays, and they’re even becoming available for smaller plans, and more widely used among plan sponsors. According to the Cerulli Associates’ research, plan sponsors’ pursuit of lower-cost alternatives, lead to CIT’s gradually capturing the mutual funds’ market share in the beginning of 2021.

https://rixtrema.com/blog/cits-in-the-401k-field-the-price-of-change/

CIT’s in the 401(k) Field: The Price of Change CIT’s are an essential part of most 401(k) plans nowadays, and they’re even becoming available for smaller plans, and more widely used among plan sponsors.

How to Create Emails That Get Opened

Despite the fact that Mark Twain claimed reports of his death were greatly exaggerated, he did eventually pass, alas. In 2003, a similar pronouncement was made regarding the demise of email marketing. However, not only was the obituary premature, to this day businesses all around the world swear by its effectiveness.

Full Article: https://rixtrema.com/blog/how-to-create-emails-that-get-opened/

RiXtrema

How to Create Emails That Get Opened Despite the fact that Mark Twain claimed reports of his death were greatly exaggerated, he did eventually pass, alas. In 2003, a similar pronouncement was made regarding the demise of email marketing.

8 steps for Defined Contribution plans to consider in 2022

In the United States, defined contribution (DC) plans are facing unprecedented problems.

According to Groom Law Group, the number of litigations under the Employee Retirement Income Security Act of 1974 (ERISA) reached a new high in 2020, with more than 200 new class action claims filed, and an increase of 80% in 2019. Despite the fact that activity in 2021 was slightly lower than in 2020, numerous lawsuits such as exorbitant fees, cybersecurity, and risky investments were still filed.

Full Article: https://rixtrema.com/blog/8-steps-for-defined-contribution-plans-to-consider-in-2022/

8 steps for Defined Contribution plans to consider in 2022 n the United States, defined contribution (DC) plans are facing unprecedented problems.According to Groom Law Group, the number of litigations under the Employee Retirement Income Security Act of 1974 (ERISA) reached a new high in 2020, with more than 200 new class action claims filed, and an increa...

Sending out your first marketing emails is important, but it’s often not enough in itself. Releasing a campaign is one thing, but you also need to keep track of how many emails were read and when.

"Remember that it’s worth emailing someone, and it’s always worth following up."

Full Article: https://rixtrema.com/blog/work-around-the-gatekeeper-why-not-work-with-them/

Cryptocurrency continued to grow throughout 2021 and advisors need to prepare themselves and their clients for the year ahead. Thus, advisors must find new strategies for portfolio management and allocation. Advisors need to examine the pros and cons of a fed backed digital currency.

Another point of current interest is the question about the relations between cryptocurrencies and ESG investing: is crypto helping ESG investing or is crypto mining harming the environment? These questions remain unanswered for a large swathe of investors.

Full Article: https://rixtrema.com/blog/whats-new-in-the-world-of-crypto/

The Ask: Why do I do with the money in my 401 (k) plan when I change the employment?



To answer this question we can create a hypothetical scenario where a prospect/client is about to change their employment which is, actually a very real scenario for all of us during our employment years. Changing the job is stress by itself but when you need to think about all ensuing consequences like managing retirement money it can become unbearable. So, the natural question for anyone would be “Why do I do with the money in my 401 (k) plan?”.

Full Article: https://rixtrema.com/blog/how-to-win-rollover/

How To Win Rollover To answer this question we can create a hypothetical scenario where a prospect/client is about to change their employment which is, actually a very real scenario for all of us during our employment years.

Happy New Year to you and you family!

We hope you had an amazing year with RiXtrema!
We are grateful for your support throughout the year. From our entire team, we wish you an even more productive and successful year for your goals, plans, and resolutions!
We’re looking forward to serving you again in 2022! Happy New Year to you and you family!

Investments Based on ESG

Today, financial advisors need a global perspective. Everything is so interconnected now that to be successful, everyone in finance needs to be aware of investments and economies all over the world.



This global approach also ties into the push for advisors to promote a sustainable future.

Advisors who have adopted this modus operandi are better positioned to provide clients with great expertise and guidance on investing, but more specifically, on impact investing. Thus, clients can start by asking what exactly advisors mean by impact investing. Financial advisors for their part should look for opportunities to frame the conversation around individual’s values. There’s some disagreement on the term in the financial community. It’s been referred to as “social responsibility investing” and “sustainable investing” and as “ESG investing.” A broader definition would be that impact investing is any investment driven by values.

Full Article: https://rixtrema.com/blog/investments-based-on-esg/

Our Portfolio Crash Testing (PCT) tool helps financial advisors determine the best way to adjust clients’ portfolios to reflect their values and needs.

https://rixtrema.com/landings_pctpro?source=FB16112021

The IRS has announced its annual retirement contribution and benefits limits for 2022, and it’s a mostly positive picture for future retirees.

If you have a 401(k), 457 or 403(b), you are in luck (and that’s most of you!); the limit has been raised by $1000 to $20,500. Furthermore for workers with SIMPLE accounts, otherwise known as the savings incentive match plan for employees, their limits are now $14,000 up from $13,500.

Full Article: https://rixtrema.com/blog/2022-irs-plan-contribution-and-benefit-limits/

2022 IRS Plan Contribution and Benefit Limits The IRS has announced its annual retirement contribution and benefits limits for 2022, and it’s a mostly positive picture for future retirees.