Financial Engines Lawsuit Could Spark Other Robo-Advisor Suits
Financial institutions that offer computer-based advice, or are considering it, should pay close attention to the Financial Engines case.
Using Foreign Stocks to Dampen Risk
Louis Kokernak says the relatively low correlation of global stocks with the U.S. market drives down risk for clients.
What Stock Picker’s Market?
Trading results for the past five years reveal an important lesson for investors and their advisors.
The Legacy of John Bogle, the Man in the Arena
Few advisors realize that Vanguard founder Jack Bogle is a lot more than just the “index” guy.
Balancing Retirement Risks
How much should a new retiree spend each year?
A Rational Look at a Much Maligned Product
Few products within the financial services industry have received as much consistent criticism as fixed index annuities. An FIA is a type of deferred fixed annuity that earns interest or provides benefits that are linked to an external reference or index, most commonly the S&P 500. The insurer underwriting the...
My Lunch with Professor Menahem Yaari
Menahem Yaari is an emeritus professor of economics at Hebrew University of Jerusalem and past president of the Israeli Academy of Sciences. He retired from active teaching over a decade ago, but continues to lecture widely and address scholarly conferences around the world. Amongst his many accomplishments and honors, he...
Alpha is widely viewed as a zero sum game, and so for every investor who beats the market, someone must trail it. If this balancing...
A Style All His Own
There can never be too many choices when it comes to investment indices, judging by the insatiable appetite for new financial metrics and related products....
A Textbook for the Education of Tomorrow's Quants