His Janus Henderson fund fell 0.8% on Monday, the most in a year.
Before the market's sell-off, banks had turned investments linked to volatility into a hot item.
Credit Suisse to redeem volatility note; more than a dozen other funds have suspended trading
The value of the XIV exchange-traded note plunged more than 80% in late trading Monday
As assets slide, volatility is rising, with the Cboe index breaking above 50 for the first time since 2015.
Temperance Partners now owns minority stake in $2.8B Los Angeles RIA.
Possible strategies include combining multiple businesses into a single entity.
Overnight rebound in equities evaporates amid concerns about inflation and rising rates
Wealthfront, Betterment websites went down Monday, cutting clients off from accounts.
Equity investors are looking for confirmation that recent declines represent the healthy correction many had expected.
