Liquid absolute return funds differ in their methods and goals, and the short track record of most does little to instill confidence. But at Schwab IMPACT 2015, Insight Investment manager Sonja Uys detailed how her liquid alt fund has remained on track for 10 years, both preserving capital and returning 3 to 4 percent over cash.
At Schwab IMPACT, DoubleLine Capital's Jeffrey Gundlach laid out the case for the Fed to refrain from raising rates, and why Puerto Rico muni bonds and closed-end funds are bright spots in a bleak market.
The point of the inaugural Wealth Management Industry Awards is to recognize the businesses that have grown up around advisors and launched specific initiatives in the past year to help them better serve their clients.
BlackRock, by far the largest asset management firm in the world, has established distribution in the institutional world and among Wall Street’s retail brokerages. It’s now on a mission to deepen its presence in the independent advisory channel. Hollie Fagan is leading the charge.
When Stifel Financial Corp. agreed to buy U.K. bank Barclays’ wealth management unit in the U.S., it put a final cap on a long, strange story of how an international bank stumbled badly trying to find a footing in managing the assets of wealthy Americans, and provides a cautionary tale of how corporate culture, as vague and amorphous as it can be, is really the oxygen of any business.
Variable annuities can offer a number of potential benefits: They can help plan retirement income, generate tax-deferred growth and, with some contracts, protect principal. Yet even advisors, who recognize the benefits of variable annuities acknowledge their drawbacks—particularly their fees and the tax treatment of gains....More
As the industry continues to shift toward fee based business, many advisors are taking a deeper look into their current practice in an effort to align with this trend. The good news is that shifting away from a commission-based model can transform your practice in powerful ways—including increasing the stability of your revenue streams, enhancing client loyalty and potentially boosting the value of your businesses....More