The ex-CEO's firm, Matrix Private Capital Group, is opening offices in Los Angeles and Palm Beach, Fla.
Intuitive Investor platform requires at least $10,000 in assets and has a 50-basis-point fee.
Market-driven gains and active-fund outflows mean high distributions.
The funds that have fared the worst since the low in interest rates have been those with the longest duration.
A Treasury proposal seeks to amend rules for plan sponsors to help them assess the long-term viability of insurance companies.
Firm settles charges that it failed to provide less expensive share classes.
Some are useful to a subset of investors with a long-term horizon; not to everyone.
Expect stability and income, not a double-digit return on client portfolios.
At a time when most commodities funds are sucking wind, lumber prices have soared
They may provide high-net-worth clients with tax-advantaged portfolio income, cash access, creditor protection under some state laws and a tax-free death benefit.
Professionals say the WSJ article's point isn't exactly new, but that fund companies might be misleading investors by using the ratings in ads.
Pressure is now on rival funds to offer strategies the firm can't find at home.
A Wall Street Journal article argues that the company's fund ratings have no predictive power.
Despite the huge market run-up, there are still plenty of areas from which to harvest losses.
Energy, real estate and small-cap value funds have struggled this year compared to other categories.
The private equity firm will buy out existing institutional investors and invest an additional $100 million in the RIA.
Removing impediments for potential issuers creates a bigger market, and perhaps more assets for BlackRock.
Clients with unwanted policies might be able to sell or exchange them for better policies.
Bank of America unit omitted two years' worth of transactions, incurring a U.K. penalty under European markets regulations.
Extending free trading of Vanguard and iShare ETFs to January.
