The regulator will begin conducting reviews within 15 days after a firm applies to register an individual with FINRA, something that was previously done annually.
Despite an increase in target-date fund usage, real-value median 401(k) balances have all but stagnated over the past decade, according to an annual report released by Vanguard. Portfolio construction has improved, with target-date funds seeing inflows for nearly 9 in 10 new plan entrants, and participation is up to 92 percent when employers auto-enroll employees in retirement savings programs. ...
A Lost Decade for U.S. Stocks? Analysts for Morningstar in Europe are down on the long-term returns for U.S. stocks. According to MarketWatch, the Morningstar strategists see little-to-no returns for U.S. equities over the next 10 years. ...
A Lesson From Costco For Advisors To help clients with investment management, advisors can learn an important lesson from Costco Wholesale, the membership-only retailer, according to a recent Morningstar report titled, "Expensive Choice." ...
