Many advisors seek to add value by developing asset allocations for their clients. With that in mind, it’s understandable that some view target date funds, which seek to maintain asset allocations based on specified investment time horizons, as competition.

 

In the wake of a series of high profile purchases of investment advisors, merger and acquisition activity this year is exceeding the level set in 2011 and could quickly increase as many advisors prepare to retire while others seek to sell their firms prior to the much dreaded Fiscal Cliff. Read more...

Low cost is a better predictor of future performance than past performance and there are more mutual funds than individual stocks listed on major U.S. exchanges.