Factor investing, meant to lower volatility, caught on in academia two decades ago. Asset managers are only too eager to roll out funds based on the concept.
Welcome to WealthManagement.com. "Holistic" wealth management is no longer some vague buzz word; wealth management is, finally, THE dominant retail financial-services business model. After years of talk, it is happening...
Insurance firms constantly go through cycles of acquisition and sale when it comes to their broker/dealer subsidiaries. But the current sell cycle is different, and it may shake up how the business works.
