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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%.

Carolyn M. Glynn, Esq., is a trusts and estates attorney in New York City with the law firm of Offit & Kurman, PA and advises high net worth families in the areas of estate planning, retirement planning and business succession planning. She can be reached at carolyn.glynn@offitkurman.com.

Henry Montag is a Certified Financial Planner who has been in practice since 1976, with offices in Long Island, N.Y. He is the founder and principal of The TOLI Center East, which provides independent consultative fee-based life insurance performance evaluations for trustees, their advisers, and high-net-worth individuals. He has lectured extensively on the proper utilization of financial products to the New York State Bar Association, the New York State Society of CPAs, the AICPA, and NCCPA. He has also appeared on Fox Business, Wall Street Week and News 12. He co-authored “The Advisors’ and Trustees’ Guide to Managing Risk and Avoiding a Client Crisis.” Reach him at henry@thetolicentereast.com or (516) 695-4662.

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.

Denika Tokunaga of Maven Wealth Management answered FP’s queries about challenges, opportunities and growing during the coronavirus.

Coronavirus put the Financial Planning Association’s volunteer program to the test.