The firm allegedly used high-cost, underperforming index funds in its hybrid target-date funds.
75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'
Selecting a very conservative benchmark is generally permissible under retirement law.
Trade wars could lead to stagflation, Dan Fuss warns.
The digital adviser says it's moved $500 million over to first proprietary fund.
Two biggest socially responsible ETFs both have positions in Facebook
Equities are likely to put in a cyclical top later this year, analysts argue.
Before incorporating strategic beta products in a client's portfolio, advisers must understand the challenges at hand and the desired outcome
Such funds may be poised to shine as the market cycle shifts from calm to increasing uncertainty.
Respondents to PIMCO survey say target-date funds offer better value.
Insurer had planned an offer to holders of its Accumulator Series variable annuity
AXA Equitable and Ohio National have recently tried switching consumers out of VAs with rich benefits through buyouts and exchanges.
Investors flee high-yield bonds as interest rates rise.
Those who work with an adviser are most likely to buy an annuity.
Small-company stocks are one place to shelter from potential hostilities.
Plain-vanilla stocks tend to outperform the market, and emerging-market funds are getting a boost.
Company is trying to diversify into higher-fee alternatives, build out tech platform.
Bank gave no notice that it was changing policy to treat crypto buys as cash advances.
Oil prices are rising, and that's good news for energy funds.
30-year record shows high-beta funds fare best, and small-company stock funds outperform mid-cap and large-cap.
