Reality Bites: Busting the Myth of Financial Planning
The founders of "financial planning" made a mistake: they focused on the wrong thing.
Flat Fees or Fees on AUM, Take 4: The Sweet Smell of Success
The many comments on my last blog raise new questions, and suggest new answers, on which fee structure is better for clients and advisors.
Alternatives to the Rescue?
The Frenchman Jean-Baptiste Alphonse Karr must have been thinking about something besides finance when he mused that “the more things change, the more they stay the same.’’
LPL Scores $1.2 Billion Hybrid RIA
The Householder Group, which has about 40 offices and 50 advisors, becomes the latest affiliate of the IBD.
When It Comes to Alts, 30% May Do the Trick
With a higher allocation, some strategies have led to greater returns, less extreme risk and often better risk-adjusted returns than the S&P 500.
Vanguard Moves to Merge Funds, Lower Costs
Vanguard announced it will expand access to its ultralow-cost Admiral share class and streamline its fund lineup.
Reid, McConnell Fight Next Round on Debt, Raising Hopes
As Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell negotiate, a Schwab survey shows investors are still thinking long term.
Top Portfolio Products: PIMCO, Vanguard Launch More EM Bond Funds
In addition, Vanguard says it will no longer accept new fund flows into the Wellington and Intermediate-Term Tax-Exempt funds.
Why Cost Disclosure Might Actually Work for Clients and Advisors
Knut Rostad may well have hit upon one of the few instances when full disclosure could prove to be a tremendous benefit to clients.
Pioneer Launches Educational Program on Volatility, Income and Perspective
Pioneer Investments, a global investment firm with $198 billion in assets, announced an educational program that focuses on major planning issues advisors are facing.