WASHINGTON, D.C. – Speaking at the Investment Company Institute’s general membership meeting here today, Chairman Martin Flanagan told attendees that legislators’ concerns over mutual fund fees, particularly in 401(k) plans, may...
There are a lot of millionaires in the United States. More than ever, in fact, according to recent research published by London-based market research firm TNS. But are they turning to financial advisors for help? Well, yes, and no.
For some academics, American Century Heritage Fund might seem like a fluke. The mid-cap growth fund has an annual portfolio turnover of 230 percent, about double the rate of its peers.
when an advisor decides to do business with a particular money manager. In other words, when performance is equal, an effective wholesaler can often break the tie.
The next time you're researching a company's performance, don't forget to check out the CEO's crib. If the top dog has recently made a very large home purchase, you might want to think twice before buying the common stock.