Under the Hood: Tax Treatment of ETFs vs. Mutual Funds
Despite the similarity in the taxation of mutual funds and ETFs, the structural difference and potential absence of long-term capital gains in ETFs makes them a compelling investment vehicle.
Top Portfolio Products: Vanguard to Launch Alt Fund
The fund giant plans to add the new fund into its popular managed-payout product.
How Much Is an Advisor Worth? Eric Nelson Does the Math
When a prospect balks at paying advisory fees, Eric Nelson shows the value he adds — and what the absence of an advisor can cost.
‘No One Should Expect Returns of 5%’: Research Affiliates
At Research Affiliates’ event, Chris Brightman calls for advisors to lower client expectations.
Finding Your Client’s Place on the Efficient Frontier
Modern Portfolio Theory plays a role in academic finance, but for Dave Basten of API Funds, MPT plays a unique role in investment practice.
10 Best Websites for Financial Advisors: 2015
Dalbar’s quarterly review reveals which fund company sites offer advisor-specific and easily accessible content.
Top Portfolio Products: T. Rowe Adds Bond Funds
Hennion & Walsh roll out a sustainable investing trust, and truIndependence introduces an RIA platform.
Money Manager Candidly Reveals 5 Big Investing Mistakes
Tocqueville Asset Management’s Sicart tells shareholders about five mistakes, including one that shaved four percentage points off his portfolio’s performance, and the lessons he learned.
Investors Continue to Shun Equity Funds, PIMCO
The SPDR S&P 500 ETF had a 12% drop in assets in January alone, according to a Morningstar report.
Why Active Managers Fail (and Why You Shouldn’t Fire Them)
A white paper from Jeremy Grantham's GMO offers a novel explanation as to what drives manager underperformance.