Over the last several years, TDFs have crafted new strategies and engaged in a marketing bonanza to stand out from the competition.
Clients are too often being presented with comparisons of hypothetical values for the in-force policy versus some sales proposal/illustration.
Oppenheimer has about $3.5 billion in Puerto Rican debt spread across 19 funds, according to Morningstar.
<i>Breakfast with Benjamin</i> Plan to default on $1 billion worth of general obligation bonds has markets on alert.
Strategists at Matthews Asia believe turbulent times could be ahead.
Regulator said fund company misled investors about the performance of its actively managed Total Return ETF.
Small-cap value funds have soared 21.37% this year, vs. 2.66% for large-company growth funds, one of the largest disparities between U.S. diversified stock funds in recent memory.
While passive investing and the DOL fiduciary rule have contributed to investors' cost sensitivity, the advice industry has managed to stay outside the fray &mdash; so far.
Shareholders typically don't like paying taxes on income they haven't received.
If the president-elect rolls back the DOL fiduciary rule and spends trillions on infrastructure, old-style fund companies might make a comeback
While some bond strategies are eking out a modest return, a shift in thought toward taking distributions from a total return portfolio broadens advisers' options.
In addition, Voya Financial and four Cetera Group firms will pay customers $6.3 million in restitution.
On a tear before the election, the average fund is down 4.4% after it because of president-elect's rhetoric about countries like Mexico and China.
After a seven-year bull market, few funds have offsetting losses to reduce those gains. Expect the biggest distributions from small-cap funds.
SEC makes preliminary determination for a possible enforcement action against UDF IV as Nasdaq moves to delist the REIT's shares.
Regulator said reps were incentivized to sell firm's annuities and discouraged from selling non-proprietary products.
Edward C. Johnson III to become chairman emeritus.
Variable annuity sales are headed for their lowest annual sales total in nearly two decades, as broker-dealers embrace indexed annuities and the DOL fiduciary rule looms.
