Karen DeMasters

1 week ago | fa-mag.com | Karen DeMasters

A majority of parents experience feelings of guilt about their parenting decisions, which often causes them to overspend on their kids, according to a survey by Ameriprise Financial. Parents also reported being caught between conflicting financial goals for themselves and their children. “It is clear parents are concerned about the tradeoffs they are making for their children,” Deana Healy, vice president of financial planning and advice at Ameriprise, said in an interview.

2 weeks ago | fa-mag.com | Karen DeMasters

The watchwords for the current chaotic market scenario are “remain calm,” said Sean O’Hara, president of PacerETFs Distributors, a division of Pacer Financial. Despite the daily disruptions created by President Trump’s threats of U.S. tariffs on almost all countries, O’Hara does not believe the U.S. economy is fundamentally bad, although he says unemployment is not going in the right direction. “The key question is: How long is this going to last?

3 weeks ago | fa-mag.com | Karen DeMasters

Real estate investments are on pause right now while investors assess the effects of President Trump’s tariffs on the markets, according to two real estate executives. But both see opportunities in real estate investment trusts (REITs) and in traditional rental investments in the coming months. Opportunities will be available in industrial, commercial and residential, they said in separate interviews.

3 weeks ago | fa-mag.com | Karen DeMasters

Despite market volatility represented by the recent declines, Chris McMahon, president and CEO of Aquinas Wealth Advisors, is optimistic about the coming few months for investors. “The current market declines are the markets pausing to take a normal breath,” McMahon said in an interview. “June and July are going to be a great time to invest.” Aquinas is a Catholic faith-based advisory firm based in Pittsburgh that is named for Italian philosopher Thomas Aquinas.

3 weeks ago | fa-mag.com | Karen DeMasters

Financial firms need to make sure their data is secure and their clients’ information is protected in light of the challenges being faced by federal consumer protection agencies, according to Don Henderson, chief technology officer for BetaNXT, a data management firm for the financial industry. The Trump administration’s attempts to dismantle agencies such as the Consumer Financial Protection Bureau have left consumers with fewer protections against fraud, Henderson said.