Portfolio diversity

The RIA acquired the innovative practice while bulking up its social justice investing efforts and its wealth redistribution planning services.

The 20 categories with the biggest gains are home to nearly $10 trillion in combined assets.

The 20 mutual funds and ETFs on this list have an average fee of roughly 111 basis points.

“Their top holdings are focused on those companies that have benefited in a post-COVID world,” an expert says.

Some of the biggest laggards have managed short-term gains of more than 40%.

Advisors, nervous about the exposure, say they are struggling to get clients to switch things up.

An advisor whose family has been “irrevocably harmed by police brutality” calls on industry peers and their clients to spark positive change.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.

I am advising some clients to ladder maturities to lock in more dependable tax-free income streams — especially for those in states with high income taxes, like California.

“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.

Bear markets come with checklists of savvy moves to make for investment portfolios.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

Mutual funds and ETFs are often created with lopsided or unequal allocations toward certain sectors of the economy, experts warn.

Interestingly, the measure often used by analysts and planners just happens to be the one that doesn’t reflect how most clients actually invest or withdraw money.

Investment in socially beneficial activities can be worthwhile. But it ignores the question of who decides what is beneficial.

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

"Since no one has a crystal ball to predict what will happen, I advise saving money on both sides of the tax fence," an expert says.

Failing to pay taxes on side-gig earnings and keeping faulty records of business-related expenses must avoided to prevent an excessive tax burden.

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.