The average U.S. hedge fund outperformed the average equity mutual fund, the S&P 500 and the Russell 2000 in February, according to Van Hedge Fund Advisors International, a hedge fund marketer of Nashville, Tenn. While all four groups lost money, the average U.S. hedge fund declined 1.9 percent in February. The average equity mutual fund dropped four percent, the S&P 500 lost 3.1 percent and the Russell 2000 declined 8.1 percent.
Rich Guerrini said the bank plans to expand its advisor ranks by about 50% as it targets mass affluent and other new clients with personalized branch-based service.
The positive association between the largest certification in the planning profession and key client outcomes is adding to a growing field of research on the value of advice.
Having potential spouses on the same page regarding money before taking their vows can help stave off hurt feelings later.
The focus of retirement planning is shifting, according to Morningstar experts, moving away from simple saving toward bespoke decumulation strategies and guaranteed lifetime income solutions.
Contrasting his firm with private equity-backed consolidators, Paul Shoukry said Raymond James has the luxury of recruiting advisors who will stay for the long haul.
Uncomfortable money questions can become routine when advisors help client couples foster regular, open communication.
