Rather than worrying about having 'too many eggs in one basket,' focus on creating a basket that protects those valuable eggs.

The research is available through Wealthscape, Fidelity’s platform for advisors, and covers private credit, private real assets and private equity funds.

Default danger rises in high-yield debt, while stress in commercial real estate ramps up.

Merrill and Wells Fargo join Charles Schwab Corp. and Robinhood Markets Inc., which started offering the spot Bitcoin ETFs shortly after their approval.

There isn’t a way to make K-1s shorter or less complex. But advisors and clients can cut down on their workload by “bringing organization to the chaos of chasing down K-1s”, says Arch co-founder Ryan Eisenman.