Numbers Game

Numbers Gameblog

Latest research and trends from around the financial advisory business, updated regularly highlighting stats, charts, infographics and all things data.

Aug 9, 2015, 1:23 PM EST

Custodians and clearing firms ranked by number of clients

By InvestmentNews Data

Custodians ranked by number of RIA custody clients FirmWebsiteHead of RIA custody business2015 # of clients% change vs. 2014Assets under custody ($M)% change vs. 2014Minimum assets of advisersSchwab Advisor Serviceshttp://www.advisorservices.schwab.com Bernie Clark (Executive vice president and head)7,1001.4%$1,136,500.05.1%N/DTD Ameritrade Institutionalhttp://www.tdainstitutional.comThomas Nally (President)5,00011.1%N/DN/AN/AInteractive Brokershttp://www.interactivebrokers.comAndrea Nagy (Sales engineer)2,90920.0%$10,800.020.0%NoneShareholders Service Grouphttp://www.ssginstitutional.comPeter Mangan (CEO)1,41112.4%N/DN/ANoneTrade-PMR Inc.http://www.tradepmr.comRobb W. Baldwin (President, CEO)1,132-25.8%N/DN/ANoneScottrade Advisor Serviceshttp://advisor.scottrade.comBrian Stimpfl (Senior Vice President, Scottrade Advisor Services)1,000-9.1%N/DN/ANonePershing Advisors Solutionshttp://www.pershing.com/who-we-serve/registered-investment-... Read full post

Jul 31, 2015, 11:48 AM EST

Wirehouse metrics reflect different strategies

By Ellie Zhu Mason Braswell

Adviser headcount Source: InvestmentNews Data ... Read full post

Jul 26, 2015, 12:01 AM EST

Bond ETFs suffer through a disappointing quarter

By Jeff Tjornehoj and InvestmentNews Data

Given a scenario in which Greece stepped closer to a euro exit, Puerto Rico's governor announced that his island cannot possibly pay its debt, and stocks in one very large country (China) violently spiraled lower, one might have thought Treasuries would rally from all that chaos. Instead, Treasury activity implied that each of those events would have a limited effect on global wealth, at least for the time being. China, for example, saw the Shanghai Composite rise almost 60% so far this year (despite lackluster fundamentals), so the recent selloff was not all that surprising. No, Treasury-related funds suffered through a disappointing quarter because investors believe the Federal Reserve is getting closer to raising the Fed funds rate in September.... Read full post

Jul 26, 2015, 12:01 AM EST

Equity ETFs stretch their winning streak to three quarters in a row

By Tom Roseen and InvestmentNews Data

Despite hitting multiple record highs and triple-digit lows over the three months, the markets were generally in a sideways pattern during second quarter 2015. While the Russell 2000 and the NASDAQ Composite managed to break into record territory in mid-June, advances to new highs were generally just at the margin. However, at June month-end concerns about the Greek debt drama, looming U.S. interest rate increases, Puerto Rico's inability to service its public debt, and China's recent market slide weighed heavily on investors. A positive finish for equities on the last trading day of June wasn't enough to offset the Greek debt-inspired meltdown from the prior day, and many of the major indices witnessed their first quarterly loss in ten, with the Dow Jones Industrial Average and the S&P 500 losing 0.88% and 0.23%, respectively, for Q2, while the NASDAQ Composite gained 1.75%. The average equity exchange-traded fund (ETF) (+0.05%) just... Read full post

Jul 26, 2015, 12:01 AM EST

The best- and worst-performing target date funds

By InvestmentNews Data

Target Date 2011-2015 Top 103-month return1-year return3-year return5-year returnNet assets ($M)Expense ratio*Franklin LifeSmart 2015 Retire Target A (FTRAX)0.08%1.11%7.53%8.00%$82.70.98%AB 2015 Retirement Strategy A (LTEAX)0.00%-0.33%8.58%8.63%$100.10.98%Fidelity Freedom 2015 (FFVFX)-0.02%3.00%8.20%8.76%$5,934.40.63%T. Rowe Price Retirement 2015 (TRRGX)-0.07%1.86%9.81%10.52%$10,152.60.63%TIAA-CREF Lifecycle 2015 Retire (TCLIX)-0.08%2.71%9.14%9.84%$1,779.80.65%Fidelity Advisor Freedom 2015 A (FFVAX)-0.09%2.18%7.73%8.44%$1,610.00.89%Strategic Advisers Multi-Manager 2015 (FEJPX)-0.12%2.33%N/AN/A$2.10.86%T. Rowe Price Target Retire 2015 Advisor (PAHRX)-0.18%0.93%N/AN/A$110.80.87%JHancock Retire Living through 2015 A (JLBAX)-0.19%0.88%8.43%9.25%$600.51.05%Harbor Target Retirement 2015 Institutional (HARGX)-0.27%0.85%6.15%7.27%$9.70.65%Bottom 5Wells Fargo Advantage DJ Target 2015 Inv (WFQEX)-1.43%-1.47%3.71%5.32%$823.60.89%ClearTrack 2015... Read full post

Jul 14, 2015, 6:53 AM EST

How alternatives perform vs. traditional investments when volatility spikes

By Ellie Zhu Jeff Benjamin

A pickup in market volatility can be a good time for a refresher on how various asset classes have performed during periods of market turmoil.During the financial crisis, for example, alternative strategies generally outperformed their traditional counterparts. But it's no sure bet that all alternatives will weather every market storm, or that all traditional investments will buckle under when the going gets rough.From October 2007 through March 2009, the time span of the financial crisis, as the Federal Reserve pumped $29 trillion worth of bailout funds into the system and 8.8 million people in the U.S. lost their jobs, most investment categories suffered double-digit declines.Because the market meltdown was founded in mortgage defaults and failed investments in mortgage-backed securities, it is not surprising REITs took the biggest hit with a category decline through the period of nearly 64%.On the traditional investment side of the... Read full post

Jul 2, 2015, 3:00 PM EST

Active or passive? It depends where you work

By Ellie Zhu Trevor Hunnicutt

When it comes to financial advisers, active vs. passive isn't really a debate about money management. It comes down to where they work.The fast growth of exchange-traded funds has sparked debate about everything from the rise of fee-based advisers to the wisdom of shunning active managers to the future of mutual funds.But a study released this week shows that actively managed mutual funds remain firmly at the center of the way financial advisers manage client money.... Read full post

Jun 14, 2015, 12:01 AM EST

Equity and fixed income mutual fund index returns by the numbers

By InvestmentNews Data, Trevor Hunnicutt and Ellie Zhu

Returns on some widely used U.S. and global bond indexes slipped into negative territory this year, while the long rally in U.S. stocks slowed. Investors who diversified abroad were able to harvest some excess returns, particularly in China and Japan. Investors who turned to higher-yielding bond funds were able to salvage some of the losses on other bonds.... Read full post

Jun 14, 2015, 12:01 AM EST

The best- and worst-performing equity mutual funds

By InvestmentNews Data

Large-Cap Growth Top 10Portfolio net assets ($M)1-year return3-year return5-year returnExpense ratio*Shelton NASDAQ-100 Index Fund Direct (NASDX)$226.221.96%23.99%20.35%0.49%Columbia Large Cap Growth Fund Z (GEGTX)$3,373.121.94%22.91%17.65%0.89%Janus Forty Fund S (JARTX)$2,320.021.45%21.61%14.86%1.02%USAA Nasdaq-100 Index Fund (USNQX)$805.421.42%23.25%19.67%0.64%Rydex NASDAQ-100 Fund Investor (RYOCX)$915.420.73%22.50%19.05%1.29%Deutsche Capital Growth Fund S (SCGSX)$1,644.619.91%21.83%16.29%0.72%Columbia Select Large Cap Growth Fund Z (UMLGX)$7,111.519.48%24.61%18.68%0.85%Polen Growth Fund;Institutional (POLIX)$406.419.20%17.81%N/A1.00%John Hancock Capital Appreciation Fund NAV (JHCPX)$2,289.118.97%21.64%17.17%0.73%TIAA-CREF Large-Cap Growth Fund Institutional (TILGX)$3,120.518.89%23.56%17.94%0.44%Bottom 5Fidelity Fifty (FFTYX)$721.37.50%20.25%16.03%0.83%John Hancock Select Growth Fund A (RGROX)$396.57.69%15.16%12.92%1.18%Fidelity... Read full post

Jun 14, 2015, 12:01 AM EST

Best- and worst-performing international mutual funds

By InvestmentNews Data

Equity International Small/Mid-Cap Growth Top 10Portfolio net assets ($M)1-year return3-year return5-year returnExpense ratio*Touchstone International Small Cap Fund Y (TNSYX)$192.610.40%22.25%15.18%1.32%Victory Trivalent International Small-Cap Fund I (MISIX)$485.08.80%24.17%17.50%0.96%Oppenheimer International Small Company Fund A (OSMAX)$3,604.98.09%26.48%18.17%1.21%Grandeur Peak Internatl Opportunities Fund Inst (GPIIX)$856.17.41%23.81%N/A1.44%T Rowe Price International Discovery Fund (PRIDX)$4,118.67.34%18.72%13.90%1.21%AllianzGI International Small-Cap Fund P (ALOPX)$111.17.28%19.11%14.28%1.28%Federated International Small-Mid Company Fund A (ISCAX)$199.87.07%16.92%12.37%1.86%Driehaus International Small Cap Growth Fund (DRIOX)$321.26.97%18.41%13.48%1.74%Oberweis International Opportunities Inst Fund (OBIIX)$235.26.94%N/AN/A1.10%Oberweis International Opportunities Fund (OBIOX)$498.86.53%30.98%21.77%1.60%Bottom 5Westcore... Read full post

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