Ironically, the desire for human advice is one of the biggest roadblocks keeping companies like Facebook, Amazon, Apple, Netflix and Google out of the robo space, according to a new Cerulli report.
Many argue that the exchange traded funds market is saturated, with too many new ones launched every day. But what ETFs, if any, are missing? Blogger Tadas Viskanta of Abnormal Returns recently asked several finance bloggers the question. ...
Portfolios Tilted Toward Active Investments Outperformed Passive in 2017 A new report by Natixis Investment Managers showed that portfolios tilted toward active investments performed slightly better than those more reliant on passive in 2017. The Natixis Investment Managers’ Portfolio Clarity US Trends Report looked at moderate-risk advisor-managed portfolios, finding that active management returned 15 percent versus 14.4 percent for passive weighted portfolios. ...
Is the Client Lunch in Jeopardy? A lot of financial advisors take clients and prospects out to lunch. But will they be able to deduct those expenses in 2018? According to Reuters, the American Institute of CPAs (AICPA) is seeking “immediate guidance” from the Internal Revenue Service on the issue. ...
