Portfolio

Despite low levels of understanding, 75% of people who know about the vehicles still said they were at least somewhat interested in investing in them.

Due to declining returns from bonds, the model 60/40 portfolio may eke out real returns of just 1%-2% a year over the next decade, said Lim Chow Kiat, chief executive officer of GIC.

The two fintechs are vying with each other and Envestnet to be advisors’ preferred digital hub.

The rep reeled in at least a dozen victims to the complex scam even though he was suspended from the industry for a different case, according to investigators.

Ascensus sold the practice with four reps and $490 million in client assets after acquiring it two years ago.

ARKK, along with other funds in her lineup, is in the green after logging its longest stretch of losses since the COVID 19-spurred meltdown last year.

Roth conversions and backdoor Roths ease COVID financial pain for wealthy earners this tax season

It’s a move that combines two businesses providing products and services in high demand — investment returns and retirement income, the firms said.

Such products attracted more than $32 billion in January and February, by far their best start to a year.

Questions about job losses and real estate are adding more complexity to the usual post-deal issues involving advisor retention and company consolidation.