While today’s fiduciary advisors do a much better job of delivering genuine financial planning to their clients compared to the transaction-focused stockbrokers and insurance agents of the past, there are still a number of important ways that the wealth management industry is falling short of its potential.

In fact, according to David Blanchett, the financial planning expert who heads up retirement research for PGIM DC solutions, financial advisors are in a position to significantly step up their game, thanks to the emergence of new planning technologies and a reconsidered perspective on traditional planning methods — especially as they pertain to saving and spending in retirement.

Read the full article from ThinkAdvisor here!