Financial planning news from around the web: July 9 - 13

In case you missed them, here are some recent interesting financial planning news items from around the web.

Fee pressure driving asset managers into wealth management
Faced with withering competition that is forcing asset management fees lower, mutual fund companies are branching out into portfolio modeling and invading the wealth management business, according to a new study.

What kids and their parents should know about summer jobs and taxes
Many high school and college students get a seasonal job. Whether kids are serving up slices, mowing lawns or ringing up groceries, here’s what they and their parents should know about summer jobs and taxes.

New ways to estimate and fund long-term care costs
Nothing strikes fear in the heart of retirees more than the three letters: LTC. The potentially crushing costs of long-term care in a nursing home, memory care unit or even at home - most of which are not covered by Medicare - can easily destroy a retirement plan.

Clients think too small about one crucial aspect of planning
Coming up with an emergency savings fund is a crucial part of financial planning, but advisors say getting clients to contribute the right amount is daunting.

Tech Corner - The endless scroll: How to tell if you're a tech addict
Don't let your apps, games, and smartphone control you. Once you understand what's happening in your brain while you use technology, you can do something about it.