What Bill Gross’ Resignation Means for PIMCO, Janus & Markets
John Bogle, Lou Harvey and other experts discuss how the fixed-income guru's "rock star status" could affect fund flows and the industry.
A Lost Decade for Advisors?
It has been called the “Lost Decade” for stocks, the period from January 2000 to December 2009 that saw the stock market decline for the first time since the decade that started in the 1930s.
Great West Launches Fee Disclosure Template
Great West Retirement Services announced Aug. 11 that it has created a template to help advisors comply with the Department of Labor’s 408(b)(2) fee disclosure rules.
Our Worst Enemy
I was in my car listening to afternoon drive-time, psychobabble BS when the guest said, "I don't fix problems, I fix people." Simple enough--people cause...
The Retirement Blog: How to Lose Money and Alienate Clients
As Wall Street Journal columnist Jason Zweig noted over the weekend, "The bond market is a bubble, and the little guy is blowing it." (We love the double entendre.)
Automatic IRAs 'Highly Probable'
Lou Harvey, president of Boston-based Dalbar Inc., which provides third-party audits and evaluation services to the financial-services industry, says that more change is coming in...
Behavioral economics, your boomer clients - and you
Little surprise; we're our own worst enemy. An oft-repeated (and startling) statistic from research firm Dalbar Inc. found that while the S&P 500 returned 12.2...
Gut reactions won't weather the recession storm
Recent headlines about the U.S. economy seem to be split between those that say a recession is on the way and those that say a...
Balanced Funds For the Risk-Averse
Many investors with a long-term horizon who are leery of timing the market often consider balanced, or hybrid mutual funds. These funds provide capital appreciation and income by investing in both stocks and bonds.
Some Closed Mutual Funds Are Charging 12b-1 Fees
Of more than 19,000 mutual funds (including all share classes), there are currently 579 which are both closed to new investors and still charging 12b-1...