ETFs

The firm is “looking to aggressively compete” by lowering and simplifying the fees on its advisory platforms, a top executive says.

The firm expects shareholders will save an estimated $3.2 million, annually.

The ETFs that bested the strategy “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Bullion is “once again trying to reclaim its role as a safe haven” amid trade war concerns and the Fed’s halt on rates, a strategist said.

The model, which runs on IBM’s Watson platform, has suffered from overweight positions in technology and energy, the month’s worst-performing sectors.

Years of trial and error and research behind the scenes and continuing client-facing education resulted in the portfolio-mix sweet spot.

Although the firm sees risk parity as a way to compliment holdings of its biggest customers, critics see a volatile fund that has underperformed.

Technology has created efficiencies for RIAs. It’s also a danger, says the firm’s COO.

“The general feeling is that progress is made every day, little by little,” an executive said of the crypto community’s optimism.

The top 20 collected nearly $1 trillion in combined assets.