Fee disclosures

With the reductions, nearly all of the firm’s index funds will have total net expenses lower than comparable Vanguard products.

Finding the right mix of tools can be daunting, says the firm’s director of financial planning.

With double-digit annualized returns produced by nearly all of these funds, the ranking illustrates the broader trend toward passive investing.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.

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

One of its products added a record $368 million after the firm discreetly slashed its fee in March.

The expanded line up of index funds demonstrates one way the brokerage industry is grappling with an ongoing race to offer products at the lowest price.

The fund aims to undercut its cheapest competitor by 1 basis point.

The firm unveiled a discount in a footnote on page 94 of a revised regulatory filing.

After 30 years and a monster merger with Financial Engines, the firm is doubling down on its AUM fee structure.