Portfolio diversity

The RIA acquired the innovative practice while bulking up its social justice investing efforts and its wealth redistribution planning services.

The 20 categories with the biggest gains are home to nearly $10 trillion in combined assets.

The 20 mutual funds and ETFs on this list have an average fee of roughly 111 basis points.

“Their top holdings are focused on those companies that have benefited in a post-COVID world,” an expert says.

Some of the biggest laggards have managed short-term gains of more than 40%.

Advisors, nervous about the exposure, say they are struggling to get clients to switch things up.

An advisor whose family has been “irrevocably harmed by police brutality” calls on industry peers and their clients to spark positive change.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.

I am advising some clients to ladder maturities to lock in more dependable tax-free income streams — especially for those in states with high income taxes, like California.

“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.