Time for Broker Crackdown as Abuses Cost Retirement Savers Billions: Obama Aide
A leaked White House memo estimates the cost to 401(k) savers of broker practices like excessive trading and calls for tighter rules.
Most Advisors Don’t Know Their Own Fees
Nearly two-thirds of advisors underestimate their fees by more than 30 basis points, a survey by Peak Advisor Alliance and Cerulli found.
Flat Fees or a Fee on AUM, Part III: Revenge of the Assets
There are at least three unintended consequences of charging flat fees that advisors don't have with the fees-for-managing-AUM model.
The Pros and Cons of AUM or Flat Fee Compensation for Advisors: Part 2
Is charging flat fees for advice really the “wave of the future,” or is it a recycled idea that gained little traction in the past?
Zombies: 10% of All Hedge Funds Liquidated in 2013, but Their Stats Live On
Hedge fund launches hit three-year low, even as total assets top $6 trillion. Meanwhile, dead hedge funds' performance stats live on in databases.
Former NAPFA Chairman Mark Spangler Sentenced to 16 Years in Prison
Spangler was convicted of fraud and money laundering; the long sentence reflects his lack of remorse, the judge reportedly said.
The Vindication of History: Harold Evensky and CFP Lite
The CFP Lite designation promoted by Evensky 15 years ago could have raised the stature of professional CFPs, not to mention helping end clients.
The Fiduciary Standard and You
Fiduciary issues pop up in the oddest places.
Fourteen years ago this month I joined the staff of Investment Advisor.
Ken Fisher Warns, Industry Responds: What Happens to RIAs in 10 Years?
Ken Fisher is bullish on 2014’s market and economy but decidedly bearish on the future of RIAs.