Displaying 43 results
Investors who overestimate their financial acumen pay higher fees, Finra says
But those who showed objective knowledge paid less, research shows.
The advantage of tiering your advisory fees
The AUM fee model works well in rising markets, but when markets begin to decline, the model means revenues are falling as the needs of clients increase.
Despite inflationary pressures, asset managers continue to lower fees
American Funds and Inspire Investing announce fee cuts Monday, in the wake of Vanguard's announcement Friday.
Flat fees gain traction among advisers critical of asset-based pricing
While the financial planning industry clings to the more lucrative asset-based fee model, a steady push toward flat fees is gaining steam.
Average costs for 401(k) plans decline by 0.03%
Small plans still bear higher fees than large plans, according to a book that compiles data on retirement plans.
Vanguard cuts expense ratios on 17 funds
The fund giant estimates the cuts save investors $18.9 million, based on fiscal-year comparisons.
Capital Group, Federated plant flags in ETF land
Traditional fund complexes are succumbing to the pressure to offer ETFs alongside more expensive mutual funds.
Bitcoin futures ETF fee war is heating up
VanEck's pending Bitcoin Strategy ETF will carry a management fee of 0.65%, undercutting the 0.95% expense ratio on ProShares' Bitcoin Strategy ETF, which debuted Tuesday.
SEC charges California firms with misleading clients about markups
TCFG in Laguna Nigel marked up ticket charges 60% of the time, but told advisory clients that markups were imposed only 'in some limited instances,' the agency says.
Average fund expense ratio now 0.41%, Morningstar finds
The average expense ratio on funds last year was less than half of what it was in 2000, according to Morningstar's annual study of fund fees.
DOL should take cue from other nations to clear up 401(k) fees: GAO
Only about a third of U.S. savers are even aware that they pay fees on their retirement plans, a new report from the GAO found.
Most investors don’t understand investment costs, survey finds
Almost half believe that fund management costs are included in fee they pay their adviser, according to a State Street survey.
RPA plan pricing is in dire need of a refresh
Though RPAs loathe comparisons to law firms, advisers are professional service providers like lawyers and accountants who charge based on the work and time spent. More experienced professionals can charge a higher hourly rate – and last time I checked, few of them are hurting.
DFA shifting $26 billion of mutual funds into ETFs
Quant giant Dimensional Fund Advisors has laid out a timeline for converting funds into exchange-traded funds.
How RPAs can decommoditize their 401(k) services
Though retirement planning seems so critical to those of us in the defined-contribution industry, just as copy machines seem to their salespeople, plan sponsors may not feel the same.
Vail 401(k) lawsuit dismissed
The plaintiff failed to raise issues with the company's process of selecting and monitoring funds, a judge wrote
Allstate sued again over target-dates, managed accounts in 401(k)
The company was already targeted in another class-action case over the target-date series and managed account options in its plan
State Street looking at options for asset management unit
The company has evaluated potential combinations with the asset management operations of rivals
CITs are sweeping through the retail 401(k) market
Collective investment trusts are all about pooling assets, which is at the heart of the value of DC plans
401(k) litigators target Coca-Cola bottler
The lawsuit, like others, cites allegedly excessive investment and administrative fees
