Plus: Record bets on the election outcome, questions for your CTA, and don't take financial advice from your family
Summit Advisor Services, a turnkey asset management program, was partially owned by an Aequitas venture. That company had been charged by the SEC with running a Ponzi scheme.
Plus: Forecasting a Trump victory, the reality of retirement healthcare costs, and getting your emails opened
Plus: Wells Fargo's woes continue, the scariest presidential election could get even scarier, and how to spend that extra hour this weekend
An alternative strategy is only as good as what it is an alternative to. What is its purpose?
It's no different than comparing stocks to bonds.
Plus: The dollar spikes as the ECB stays loose, big companies supporting small companies, and health insurance companies turn a blind eye to climate change
Two industry observers question the benefits of how the deal is structured.
LendingRobot allows planners to create client accounts with unique risk and investment profiles.
Some argue that company-sponsored plans, viewed as the holy grail of asset management, are greatly in need of more options.
Investors exit as the manager sticks to his guns.
Exchange-traded products are allowing investors low-cost access to asset classes previously available only to institutional investors.
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
Index tweak forces ETF providers to get creative.
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
First post-merger mutual fund already filed.
Plus: BlackRock applies more low-fee pressure, the fallout from the falling pound, and don't work where you don't belong
Robertson also says he won't vote for Trump and will pick the Libertarian party instead.
The eleventh sector of the index alters the dynamics of the financial sector.
