New
The report surveyed 126 funds, and 29 of them admitted that churn rates exceeded 100%, well above the 24% industry average. Without quick in-and-out buying, anything near 100% would be almost impossible to attain.
A 700% churn rate was discovered in the Dreyfus Premier Worldwide Growth fund, while the ING International Growth Fund and Evergreen International Equity Fund each came in above 400%. On the other hand,
Since the heavy inquiries into mutual fund practices began, the
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
Some planners and firms are taking action to address impending retirements. Here's why opening more pathways into the field matters to every company in wealth management.
The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
