David Winters says passive investors are rubber-stamping compensation packages.
Ladenburg Thalmann subsidiary agrees to pay restitution of almost $250,000 for overcharges.
Advisers should understand each product's unique advantages and drawbacks.
Firm censured, agrees to provide remediation to clients affected.
Adviser interest in ESG expands along with investment options.
He sees strong economic growth continuing into next year, supporting companies with accelerated revenue, earnings and cash flow.
Technology is making it easier, and cheaper, for advisers to trade many shares without holding funds.
Even funds that appear to target the same factor can look and perform quite differently.
Markets, fee pressure and data analysis create a perfect storm.
Smaller firm makes case for going beyond past performance when evaluating funds.
The six ETFs and one mutual fund, which will focus on volatility, value, momentum, liquidity and quality, mark a departure from the money manager's storied promotion of passive index funds.
CEOs and money managers sometimes have blind spots when purchasing their own company's stock or fund's shares.
The Wells Fargo Target 2020 Fund (WFOBX) ranks in the bottom 15% among peers when looking at five-year total returns.
Whistleblowers cited in Times article say the pension giant pressured reps to push expensive managed accounts.
Putting clients in expensive share classes instead of lower-cost ones hurts investors, chairman says.
The number of ESG funds has increased sharply over the past few years, and interest is growing among advisers.
Intuitive Investor platform requires at least $10,000 in assets and has a 50-basis-point fee.
Market-driven gains and active-fund outflows mean high distributions.
Firm settles charges that it failed to provide less expensive share classes.
Professionals say the WSJ article's point isn't exactly new, but that fund companies might be misleading investors by using the ratings in ads.
