Does the World Have Too Many Active Managers?
Only a “small subset of the active managers and the hedge funds are useful to society,” Towers Watson's new think tank says.
New Hire Roundup: Northern Trust Welcomes Marsh
Meanwhile, LIMRA has hired Dr. Betty Moon as managing director of Bank Insurance and Securities Research Associates.
Almost Half of Boomers Think Retirement Plans Are Free
Almost half of boomers think they don’t pay any fees in their retirement account, according to a survey released Monday by Rebalance IRA.
Digital Currency Council Offers On-Site Training for Financial Pros
The recently launched DCC has a new “Enterprise Training” curriculum for legal, accounting and financial services professionals.
New Hire Roundup: Waddell & Reed Opens New Office
Meanwhile, David Stofer, Mark Nothnagel and their team join newly launched Mariner Retirement Advisors.
Krawcheck Calmly Rips Microsoft CEO Over Comments on Women
Krawcheck criticizes Satya Nadella’s advice that women shouldn’t ask for raises but should rely on “karma” instead.
10 Commandments of Investor Behavior
Psychologist and behavioral finance expert Daniel Crosby provided 10 rules to manage your clients' investing behavior at FSI’s Financial Advisor Summit.
Top Portfolio Products: Ivy, ProShares & TIAA-CREF Launch Funds
Fund shops zoom in on mid-cap, managed futures, emerging-markets debt and lifecyle strategies.
Healthier Retirees Will Spend More on Health Care: IRI
Experts suggest that advisors need to start considering health care costs in their clients' financial portfolios due to increasing life expectancies.
How to Blend Active and Passive Investing Strategies for Better Outcomes
Advisors historically invested exclusively in either active strategies or passive strategies, rarely using them together.