One of the lowest-cost fund companies gets into a war of words with an analyst over how it calculates expense ratios.
Wirehouse recently claimed it typically retains 40%-50% of client assets after an adviser leaves.
Automated online platforms are putting benchmarking metrics aside, and measuring success by how they help clients reach their financial goals.
A recent court case illuminates the possibility of a pension benefit going back to the plan if the right legal documents are not in order.
Plus: Consumers are borrowing like it's 2008, mortgage-backed securities are back in vogue, and college is for chumps
In the next year, it will add follower capabilities, a portal for adviser peers to share best practices, adviser video tools.
David Savir and Carlos Dominguez form Miami-based boutique Element Pointe.
<i>Breakfast with Benjamin</i> Larger funds tend to be cheaper, more liquid and better constructed.
<i>Breakfast with Benjamin</i> Liquid alts beating the hedge funds they're designed to mimic begs the question of why we even need hedge funds anymore?
A Michigan pension plan says the company bought back shares at artificially inflated prices because of misleading statements it made about its financial condition.
James Poe failed to disclose material conflicts of interest to investors, including receipt of a 20% fee through a firm he owned, according to the Texas State Securities Board.
Smart beta may be the most popular new strategy for mutual fund companies, but the real trend is towards funds with lower expenses.
The percentage of assets the firm retains when advisers leave is double industry average
The firm's new target-date mutual funds beat out Fidelity and Vanguard funds in price by two basis points.
The firm's position as the top TDF provider strengthened against No. 2 Fidelity Investments, which actually had net outflows for this category last year.
There is a new generation of financial companies that already lives up to the DOL's proposed rule.
Finding funds likely to beat their benchmarks remains the challenge, and where financial advisers can earn their keep
Firm expects the fiduciary rule to be a catalyst for more advisory business and wants to help its advisers compete.
Total corporate debt as a percentage of U.S. GDP averaged around 15% from the 1990s through 2007. Since that time, however, the size of the corporate bond market has expanded to nearly 36% of GDP.
Responsibility for advice — even that which is incidental to a transaction — cannot be palmed off on an inanimate object.
