Portfolio

To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.

“Everyone is looking ahead to the elections and what tax policy could look like in various administrations," says Ben Huneke, head of investment solutions in the firm's wealth management division.

Industry veterans have warned that packaging the loans into funds that are easily accessible could pose a risk to retail investors unfamiliar with collateralized loan obligations.

The free lunches are over. Sort of.

Despite some impressive short-term gains, more than half underperformed their peers over the decade.

Investors are placing their bets on value funds after the category posted its worst quarter this century in the wake of the coronavirus pandemic.

One problem is the proposal is focusing on the minor advantage of tax-deferred retirement plans, says Bloomberg columnist Aaron Brown.

The department faced scathing criticism for hours from insurers and consumer advocates alike.

The decisions entrench a prolonged decline for prime funds, and could hurt a market that thousands of companies rely on for funding.

Effective tax management can add 1% percent to a portfolio annually, and potentially more in highly volatile years