Families, once seen as slow and inexperienced investors, have changed in the past few years.
Complaint alleges Nicklaus Moser and his firm deceived investors.
The program will parse regulatory filings and more than a million news stories to establish a portfolio of 30 to 70 stocks.
The actively managed EventShares funds aim to track Republican, Democratic policies.
Blackstone has focused on investors with $5 million in assets while Carlyle has partnered with OppenheimerFunds to reach individuals seeking higher yields.
Keeping the deduction means losing the $1.3 trillion in revenue its repeal was expected to produce.
Passive investments, already eating away at active managers' assets, are getting another boost.
Debate rages over whether or not to repeal the estate tax and AMT, plus whether cuts should be temporary or permanent
President's order directs agencies to write new rules for insurance.
