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
Despite ongoing concerns over geopolitics and more, many advisors said they would increase allocations to foreign equities over the next few months.
Michael Outlaw, the recently named president of Rockefeller Global Family Office, says family offices are defined more by the services they offer than by their relationships with wealthy families.
The partnership between the long-established bank and the fintech brokerage will handle the development of the government-owned account platform behind the new government-seeded retirement accounts for children.
FINRA and consumer advocates are raising alarms about online scams that are driving fraud losses into the hundreds of billions of dollars.
The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.
The 10 states that offer the best return for residents' tax dollars.
