What Extra Return Must an Active Manager Provide to Outperform a Lower Cost Passive Equity Solution, Net of Fees and Taxes?
It is no secret: many active equity managers have a difficult time performing better than average when measured over full market cycles
A college professor of mine once said, “Rational consumers only exist in economics textbooks.” While I cannot remember which of my professors offered up this wisdom, the quote has stuck with me nonetheless.
On April 9, 2019, Principal Financial Group (Principal) announced that it had reached an agreement to purchase Wells Fargo’s retirement plan recordkeeping business.
Part two of the Sustainable Draw Rates Study examines the results of different asset mixes over varying time projections.
To gift or not to gift, that is the question. It is less complex than the famed question posed by Prince Hamlet, but still not a simple one for families that hold appreciated assets and are (or may be) exposed to estate tax.
One of the most memorable experiences for a teenager after reaching the age of 16 is getting his or her driver’s license, and hopefully a car. For parents, the experience is memorable for different reasons.