Morningstar

Clients often underutilize deductions for work-related technology purchases and travel expenses.

Close to 80% of strategists cited competition from the mega-managers as their most significant challenge last year.

Fixed-income products designed to minimize interest rate risk are among the leaders.

Contribution limits in a Roth IRA could shrink for couples after marriage.

The correlation between fees and performance is not “apples-to-apples when taking the funds’ underlying exposures into account,” an expert says.

The firm’s complicated relationship with these fees is indicative of the industry’s overall struggle to find a balance between appropriate compensation and transparency.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

Expenses have outpaced or matched revenue growth during the past four to five years, while aggregate fees declined almost 20%, a study found.

The losers “offer exposure to extremely narrow and volatile segments of the market,” an expert says.