New Firm Caps Account Fees at $1,500
With new portfolio-building technology, traditional fee structures just don't make sense, says CEO Scott MacKillop of First Ascent Asset Management in Denver.
5 ‘Sneaky’ Mutual Fund Behaviors That Erode Returns: Kenneth Kim
The prolific ex-professor takes relish in lifting the curtain on mutual funds' tactics that he says can cost investors big time.
Top Portfolio Products: Strategy Shares Launches With 2 Actively Managed ETFs
Products and services added during the past week go well beyond the usual new ETFs to include an investment banking platform and phone-based advice service.
Passive Funds Trounce Active Rivals in May: Morningstar
Meanwhile, PIMCO has a bit of good news as investors move into fixed income products.
What John Oliver Got Right (and Wrong) About the DOL Fiduciary Rule
Oliver has provided some needed exposure--and clarity--on a rule little understood by consumers.
Bogle at ‘65’: Offers Investor Do’s & Don’ts, Shows Market Landscape
Vanguard titan John Bogle talks about the investing wisdom he’s gathered during his 65 years in financial services.
Vanguard’s McNabb: DOL Got It Right; Get Used to Shrinking Fees
Advisors need to learn to use technology to help business, McNabb said at Morningstar Conference, envisioning a hybrid future for advisors.
Fed Keeps Rates Unchanged, Sees Fewer Rate Hikes for Year
Fed lowers growth forecasts for year and for longer range, saying weaker data merit close watching.
High-Yield Bonds: Only for Long-Term, Non-Squeamish Investors
Despite junk bonds’ risk and volatility, three experts at Morningstar Conference make the case for these long-term cash generators in a portfolio.
4 ‘Surprising’ Factors Driving Mutual Fund Flows: Morningstar
Lee Davidson of Morningstar explained research that looks at the types of fund characteristics that investors seem to prefer.