Portfolio

Returns by funds from Vanguard, BlackRock and DFA that use the strategy have outpaced global bonds in recent years, but underperformed stocks.

“The name may change but our commitment to the business, our clients and our advisors serving these clients is steadfast,” said division head Barry Sommers.

Wealth management firms are consolidating at a breakneck pace in a bid to grab wealthy U.S. clients.

It’s not just $1,400 checks. Here’s what advisors need to know about other financial perks in the massive stimulus package.

The deal will push Paris-based iM Global’s assets above $24 billion and enable it to break into wealth management.

The investments can pose substantially more risks than typical initial public offerings.

the Labor Department said it wouldn’t enforce Trump-era rules for fund investments or proxy voting, nor will it sanction retirement plans that don’t comply with the regulations.

The benefits of traditional fixed income are diminishing with today’s low interest rate environment, but alternative investments can help solve the portfolio-allocation problem.

The RIA picks up 1,300 clients with $780 million in assets, underscoring feverish consolidation among wealth management firms.

Over the past year, the lineup of stock and bond funds notched an average gain of more than 25%.