The CFA Institute is accelerating a shift to computer-based testing because of the coronavirus pandemic.
Investors love ETFs, especially during these uncertain times.
The recent Treasury bond rally fits with our forecast that the recession has a second, more serious leg that will extend well into 2021, despite massive monetary and fiscal stimulus.
Americans have plenty of education, talent and experience — but an ever-ready supply of less expensive and more dependent guest workers gives companies less incentive to invest in them.
In 1832, Martin Van Buren helped Andrew Jackson decide precisely when he would end the charter for the Second Bank of the United States – the only American central bank of issue before the establishment of the Federal Reserve.
Broader equity market returns serve as a poor proxy for an average stock’s return as well as that of a buy-and-hold strategy’s expected outcomes. A much larger proportion of all stocks contribute negatively to overall market’s lifetime returns.
I discuss why the CAPE ratio, developed by Robert Shiller, is not nearly as reliable a predictor of market returns as most claim it to be.
I give these brilliant investment strategies a failing grade.
By leveraging their networks and calling in favors, VIPs seek ways to circumvent the normal system as they strive to receive the best health care. Yet, paradoxically, VIPs often receive suboptimal – or even dangerous – care.
Record state budget gaps could reignite efforts by officials to reduce pension benefits, raise employee contributions or eliminate traditional pensions altogether.
Florida’s favorable tax laws have long been a draw for high-net-worth individuals, but the pandemic’s disruptions -- to work, school, public safety and northern states’ budgets -- have increased the allure.
At a time when health insurance coverage is of vital importance, what are the options for your newly unemployed clients? The answer to that question depends on a new regulatory change involving COBRA coverage.
The reductions are part of sweeping measures -- from staff salary freezes to suspending new hiring -- that U.S. colleges are taking to contend with the financial fallout from the Covid-19 pandemic.
But two priorities stand out.
The former U.S. secretary of state is betting that Wall Street will succeed where governments failed in the fight against climate change.
The conclusions have implications for wealth management, where women represent just 15% of financial advisors.
While the economic restart has helped put 7.5 million Americans back to work in May and June combined, payrolls are down more than 14.5 million from their pre-pandemic peak.
Americans are working longer for financial reasons – they can’t afford to retire. But what few realize are the enormous economic and social benefits that accrue to those workers and the companies they serve.
These efforts are unlikely to impress students paying tens of thousands of dollars for in-person instruction.
The former NBA great said the priority areas for his philanthropy will be social and economic justice, as well as education and awareness causes.
The vice chairman of Loomis Sayles and one of the world’s best-known bond investors gives his take on the economy and what may happen next.
A common block I see in business growth is incongruence. What people say they want is not what they actually want (or believe is possible).
In mid-June, my partners and I officially announced that Midwest Financial Partners had become a new, independent RIA firm called Octavia Wealth Advisors. Why did we choose to go independent?
Doing what others don’t do positions you as someone special. Let’s take a look at two things you can start doing today.
Is there a right way to deliver bad news to an employee?
Advisors are blissfully unaware of the risk inherent in their jobs.
Ultimately, we believe that investors who are unaware of ESG and do not integrate ESG into their investment processes may be exposing themselves to additional, unnecessary and possibly unrewarded risks.
Anyone still expecting the fixed interest payments from Treasuries, or even high-quality corporate bonds, to outpace inflation in the coming years is just setting themselves up for disappointment.
Once we get the pandemic under control, working from home will be welcomed by cost-cutting companies and staff who dread the daily commute. But for the owners of commercial property the consequences may be severe.
A large iShares ETF investing in companies with positive ESG characteristics has produced a total return this year more than three times the performance of the S&P 500.
Rob Arnott has a warning for everyone who is confident they’ll know when it’s time to sell a soaring stock like Amazon.com Inc. or Tesla Inc.
The key to successful ESG investing lies in the finer points of process automation.
Three subtle biases in the way investors view historical equity returns lead to inappropriately high equity allocations.
Tesla’s market capitalization just crossed $300 billion. It’s the largest car maker in the world. Tesla’s market cap implies that its production will go up from the 400,000 cars a year it produces today...
Normative standards can be broadly defined as a consensus among givers of advice on what advice or service best suits a particular set of circumstances. Unlike most other professions, those standards don’t exist among financial planners. That may soon change.
Investors have no chance of adding alpha by pursuing an “endowment” model. New research shows that even the most sophisticated institutions do worse when they increase exposure to alternative asset classes, and that investors would be better served with a passive, 60/40 allocation.
The latest disposal comes as corporate insiders, whose buying accurately signaled the market bottom in March, are now mostly sellers.
For a soft-spoken and unfailingly polite figure, Judy Shelton is inspiring no shortage of fear in Washington right now, at least in certain circles.
Parents are now uncomfortable sending their kids to child-care centers. Meanwhile, the U.S. child-care industry is in trouble.
European governments have agreed to pour money into everything from electric cars to renewable energy and agriculture.
The debuts of actively managed ETFs are outnumbering those of traditional funds at a record pace as issuers bet on investor demand for stock picking.
I’ve always been frustrated by the lack of clarity about what advisors earn. And then I did my own research…
How would Buffett be viewed if, instead of being the chairman of Berkshire Hathaway, he ran an open-end mutual fund by the same name?
It’s the built-in online tool you may have never considered a business advantage: Google My Business. Before you write it off, consider these statistics…
As an estate planner, you should have up-to-date powers of attorney and inform the agents you name in those documents how they can access them if they don’t already have copies.
Determining who is responsible for certain debts is an important but frustrating part of the divorce process.
I have a client who is struggling with whether or not to retire. He is wondering if he is making a difference in his work or if he should just quit and, “do something good.” But it would be a bad financial decision.
Before engaging a vendor to help with your business, this is the first question you should ask…
We should restore the large tax incentive and bring fees into line with taxable investment standards.
Millions of Americans who bought insurance to help them pay for nursing or home-health care are now facing a tough call.