Mutual funds

The high cost of stock picking has made clients more passive, an analyst says.

Here are key takeaways from a Department of Labor fact sheet.

Seven of largest asset managers reported a record $50 billion in combined outflows during the third quarter of 2016.

Assets at firm's Total Return Fund have slipped 70% from its peak in April 2013 to $82.6 billion.

Fifteen of the 20 biggest open-end funds report net outflows over the last five years.

The early decision stops advisers from earning commissions on products that will also generate fees through the firm's Investment Advisory Program.

An expert discusses last-minute strategies, as well as evergreen tips, to reduce the tax bill your clients are facing.

Institutions that are willing to invest at least $100 million can get the Janus total-return strategy as a separate account, according to a person with knowledge of the matter.

In the second quarter, that group of seven saw $34 billion in outflows.

Clients age 65 and up have to move fast to load up on medical expenses and get these benefits. Plus, considering MLP ETFs after the recovery of the energy sector and how certain mutual funds can charge a capital gains.