Portfolio

The former Oppenheimer client was allowed to invest in a new fund started by Carter Worth, a well-respected technical analyst who the client believed “walked on water,” his lawyer claimed.

If approved, the funds will exclude investments in alcohol, tobacco, weapons, fossil fuels and nuclear power.

The framework targets so-called plain vanilla funds, yet leaves in place a more laborious path for firms wishing to list complex products.

Retirees have median savings of $839,000, but many of them are unwilling to spend away their nest egg.

A FINRA arbitration claim followed an asset freeze and the launch of a federal investigation into the fired advisor’s RIA.

The only other fund of its kind has $269 million in assets, a figure that’s ballooned roughly 1,700% this year.

Volatility has returned in 2018, while easy stock gains have vanished.

An ETF expert suggests active management is the key to success in the current environment.

At least $20 trillion of new financial wealth will be created over the next five years.

The side effect of index reconstitution is well documented.