Low fund fees and big fund complexes equal outperformance.
Sales at the once-tarnished company are up fourfold this year while sales in the overall industry are down.
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
Activist investor exits after Legg lost 42% of its value in past year.
Final version includes a number of changes that address the most serious concerns of those who most vehemently criticized it.
Fund wants to diversify product line and strike while the iron is hot with proposed acquisition of the Alpha Defensive Alternatives Fund
The tax advantages might not be worth it.
Factoring in Fed policy, cheap oil, and living with volatility
Firms need to be proactive in conveying information to their advisers.
It's one thing to charge an investor a high commission, but it's another to hide it and not be transparent about your charges.
Why pulling out of emerging markets borders on foolhardy
Meanwhile, the industry's biggest threat, ETFs, are chugging along offering a single-version product to all investors.
Plus: Advisers speak out on DOL rule, the inflows continue for equity ETFs, and big banks strive to look small to regulators
Legg Mason investor survey shows tremendous pressure on stock performance, a need for safer income-generating investments.
Robo-advisers might have more reasons to be worried about the next bear market than investors do.
The mutual fund, which allocates money to hedge fund managers, will be liquidated by May 31, after the fund had fallen 4.1% this year.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check
<i>Breakfast with Benjamin</i> SunEdison's collapse shows that advisers should understand the steep side of the mountain renewable energy is trying to climb.
Regulator said he failed to tell Native American tribe about fees.
Group's recommendations include showing fees in dollar amounts on customer account statements.