Andrew Shilling

A 20% gain sounds good, until you find out the category returned 30%.

Certain clients will have to take a taxable distribution from the account every year.

Passive funds attracted new cash even if their returns were negative.

Clients must still account for gains not incurred through a sale or cash distribution.

Although the rules have become more lenient, high-income clients must not be complacent.

The firm plans to expand access to its line of low-cost funds to roughly 1,800, including those from BlackRock, Schwab and SSgA.

Volatility has returned in 2018, while easy stock gains have vanished.

Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.

While some funds show low valuations, S&P and Dow both stand at post-crisis highs.

One option for the higher earning spouse is to use an IRA as payment.

Industry leaders weigh in on key issues, including technology advancements, the increasing focus on ESG and developments in ETFs.

Clients have the luxury of focusing on returns, but advisors need to add “risk adjusted” to their vocabulary.

Since 2008, advisors are looking beyond the percentage of equities or bonds in a client’s portfolio.

Almost all young investors polled by Schwab expect the funds to be their primary investment vehicle in the future.

While passive funds track an index, active managers can still beat the averages and earn the much-discussed small-cap premium.

Clients should not only check the fees, but also compare their after-tax returns.

Reporting to the IRS can be complicated and boost preparation fees by as much as 300%.

When clients are too focused on returns, bring the discussion back to expenses.

Although designed to spur productivity, the Tax Cuts and Jobs Act could have the reverse effect.

Since becoming Franklin Resource's first woman president, Jenny Johnson oversees a majority of the firm’s investment management services.