Portfolio

Nearly three-in-four advisors (73%) do not have a succession plan in place.

About a quarter of advisors treat cryptocurrencies as something akin to gambling: "only worth investing money you can stand to lose.”

The No. 7 IBD has unveiled five new internal classifications for practices in an effort, it says, to boost the customization of its services for advisors.

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

The advisory firm left Securities America to make the move.

The new platform aims to scoop up mass-market clients with just $5,000 in investable assets.

At least seven firms with outside RIAs have left the No. 1 IBD since it announced a change in policies last November.

In the past, both asset classes served as sources of capital appreciation and income.

A fund weighted against brick-and-mortar businesses dropped 13% while the industry’s largest retail product tripled the return of the broader benchmark.

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