Clients demanding more Social Security advice
It’s a sad commentary for Financial Advisors, but many clients are saying that their financial advisors aren’t offering adequate Social Security advice. About 80% of future retirees say they would switch advisors if theirs didn’t offer them advice on how to maximize their Social Security benefits, unveiling both a positive trend of clients focusing more on their future Social Security options and a reluctance on the part of financial firms to tackle the complexities of the Social Security program. This Investment News article by Mary Beth Franklin reveals that the demand for Social Security advice is growing and that a majority of future retirees threaten to switch from advisors who don’t offer Social Security guidance. Click here to read more.