By Mark Shemtob
It’s hard to imagine modern retirement income planning without powerful computers and the Monte Carlo simulations they make possible. Our guest columnist explains why.
By Kerry Pechter
For at least two decades, it was assumed that Tim Buckley would be Vanguard's CEO someday. And why not? He helped Vanguard grow into the paradoxically transparent yet mysterious $4 trillion giant it is today.
By Editorial Staff
'Other financial firms have limited or even fully removed brokerage options for retirement investors. But when brokerage is in the best interest of your client, we’re providing a solution,' said an LPL spokesperson.
By Kerry Pechter
If the fiduciary rule and its Best Interest Contract Exemption are here to stay, will they trigger a wave of lawsuits against advisory firms? No one seems to know for sure.
By Editorial Staff
The leaders in active flows were American Funds with $3.9 billion and Vanguard with $2.9 billion. On the passive front, Vanguard was first with inflows of $22.7 billion, followed by BlackRock/iShares with $22.4 billion.
By Editorial Staff
'After the failure to repeal and replace Obamacare, it is increasingly unlikely that any major legislation will pass... this year. We expect a difficult September as lawmakers debate the debt ceiling and the 2018 budget,' writes consultant and market watcher Philip Chao.
By Editorial Staff
A 42% improvement in social responsibility over Betterment's existing portfolio came from substituting iShares DSI—a broad US ESG stock market ETF—for the portfolio's U.S. large cap exposures, Betterment said.
