Investment strategies

The U.S. Department of Labor collected public comments on its proposal to give fiduciaries discretion to include alternative investments in 401(k) plans.

Academic researchers commissioned by fund companies closely examined the S&P Indices Versus Active (SPIVA) scorecard, with some striking results.

Amid geopolitical uncertainty and fears of a trade war, family offices also show a preference in investing in developed markets.

Talking about the importance of one type of tax planning or another is far different from implementing all of those strategies across the industry.

Merrill, BMO and Schwab are among many firms helping clients take out security-backed loans against market gains to avoid capital gains tax hits.

At their institutional investor day, Charles Schwab executives say they see a huge opportunity in arranging securities-backed loans for firms in its RIA network.

The hire is part of a BlackRock's plan to strengthen its business with family offices, which it views as a rapidly expanding part of the wealth management business.

The tool to track midsize private companies comes as firms in that category increase, while public firms are on the decline.

The pilot program offers rates better than Coinbase, Robinhood and Charles Schwab and will be rolled out to all of Morgan Stanley's 8.6 million E-Trade users later this year.

Evaluating private equity performance is notoriously difficult due to lack of transparency. Asking these 3 questions makes it easier for financial advisors.

Despite the war in Iran and uncertainty over interest rates, the latest Financial Advisor Confidence Outlook shows that advisor sentiment has turned positive for the first time since January.

Blue Owl has borne the brunt of investor angst around private credit and their non-traded BDCs after a scrutinized and eventually scrapped merger of two of its private credit funds in November led the manager to halt redemptions from the non-traded vehicle.

The firms' collaboration shines a light on how the wealth management business works today and how it is evolving, as advisors weigh independence against the risks of "poking the bear" when they leave.

Matthew Pallai said he has no doubt wealth managers explained the risks of private credit when recommending it to clients, but the recent rush to withdraw money from credit funds suggests "they probably should have said it more often and said it louder."

Schwab limits the proportion of assets that its advisory partners can hold in risky long-short SMAs to 30% of the total.

SEC Chairman Paul Atkins said that opacity of the private credit market and a flurry of redemption requests are raising concerns about defaults.

Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.

One of the asset management firms also took home the independent research firm's overall award for "exemplary stewardship."

The intersection between HNW clients and private markets is no longer about distribution, but integration.

Rare book collectors can sometimes see a healthy return on an investment, but advisors and other experts say the market is illiquid, and volatile — and books require careful storage and preservation.