Philip Chao interviewed on CNBC Personal Finance – Investors urged to beware of the Tesla ‘fear of missing out’ mania

The recent roller coaster ride with the Tesla stock reminds us all about the need for diversification.  Depending on when you invested in the stock, the week of excitement and elation (greed) turned...


Philip Chao interviewed on CNBC Personal Finance - More people may soon have annuities in their 401(k) plans

The SECURE Act brings safe harbor for Plan fiduciaries to include annuities as an invest and pay out option under a DC plan for the first time.  This is a much needed option for those workers seeking...


Philip Chao Commentary quoted in Iris.com – “It’s Not Shocking to See Schwab Buying TD Ameritrade”

According to the 2018 FDIC Schwab Bank Resolution Plan, as of 12-31-17, it has $169.7 billion in deposits.  The following breaks down the deposits and income ($millions): Deposits swept from...


Philip Chao in Investment News Article " Pete Buttigieg proposes a 'public' 401(k) program”

During the run up to a national election, it is always about hope and change and a competition of ideas.  The 2020 election season is no different. A Democratic Party candidate, Pete Buttigieg, is...


Philip Chao quoted in Planadviser Magazine October 2019 Cover Story "Addressing Profitability”

Philip Chao quoted in Planadviser Magazine October 2019 Cover Story "Addressing Profitability” regarding, when plans are no longer cost-effective, there are actions advisers can take. Here is the...


Philip Chao Commentary quoted in Iris.com – The Middle Kingdom & the Parallel Universe

The rise of China has been a multi-decade story and increasingly deemed as a developing threat to the status quo and the United States’ primacy. Early on, President Trump focused on the trade...


Philip Chao in Investment News Article "Are 401(k) advice fees headed to zero”

Earlier this year, Schwab Intelligent Advisory, a human-based, robo-assisted financial advice offering was launched at an upfront fee of $300 and a flat fee of $30 a month. Now, Vanguard is getting...


Philip Chao in Investment News Article " Headwinds to annuities in 401(k) plans persist”

Lifetime income decisions are made along the continuum of “guaranty” and “optionality”.  Neither one is always right or always inappropriate.  A lifetime “guaranty” payout under a fixed...


Philip Chao in Investment News Article " LPL Partners with Nationwide on 401(k) Training for Bank Channel Advisers”

The brokerage hopes to capture more retirement plan clients and push assets into its small-market 401(k) product Click here to read the full article.


Philip Chao is Interviewed by Allianz Global Investors

AllianzGI is a global investment company and has developed and dedicated a section on its website to help RIAs – the RIA Exchange. Philip Chao was recently interviewed at AGI’s headquarters in New...