Johnne Syverson, a CFP and co-founder of RIA firm Syverson Strege & Company, in West Des Moines, Iowa, has been outsourcing money-manager selection and portfolio construction to SEI since 1995. The firm, which manages $300 million in assets, has...
In February, stock fund investors did a curious thing. Instead of running for the exits as the S&P 500 continued falling, they pumped large sums of new money into U.S. and international stock funds. Are investors getting smarter, buying when the...
Mergers and acquisitions activity in the registered investment advisory (RIA) business had been on a three-year run, with new records in dollar volume set each year. But, in the first quarter of this year, M&As slowed dramatically, another...
The engagement letter is here to stay and constitutes best practice for both lawyers and clients in estate planning. But it wasn't always so. Indeed, the use of engagement letters is a relatively new phenomenon. For generations, a simple...
Several states are on the verge of adopting a new type of low-profit entity, the L3C, that could be a new way for foundations to practice venture philanthropy. According to reports in The New York Times, The Wall Street Journal, The Economist and...