Registered Investment Advisers Gear Up for Interest Rate Hike
As interest rates are bound to rise and inflation rates change, financial advisers may have to adjust their strategies for assisting the ultra wealthy.
Andrew Barber
August 7, 2014
Janet Yellen, chair of the U.S. Federal Reserve, waits for a question during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S., on Wednesday, March 19, 2014. The Federal Reserve said it will look at a wide range of data in determining when to raise its benchmark interest rate from zero, dropping a pledge tying borrowing costs to a 6.5 percent unemployment rate. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Janet Yellen
Andrew Harrer/Bloomberg
