By Jason Zweig | 1:07 pm ETJul 25, 2014 Image Credit: Christophe Vorlet http://blogs.wsj.com/moneybeat/2014/07/25/when-advisers-charge-you-to-fire-them/ http://online.wsj.com/news/articles/SB20001424052702304521404580050053046085386 Even a “fiduciary” investment adviser may still be able to treat clients in ways that might surprise you. Someone who...
Read More
1:24 pm ET Jul 23, 2014 The Fall 2014 issue of the Journal of Portfolio Management, its 40th-anniversary edition, will include a tribute to the late Peter L. Bernstein. Few things have given me greater professional and personal pleasure than having been able to call Peter my friend. Peter, who died five years ago at the age of 90, spent nearly six decades...
Read MoreBy Jason Zweig | July 19, 2013 6:57 p.m. ETImage Credit: Christophe Vorlet While money has been gushing out of U.S. stock funds, unit investment trusts have been raking it in. These investments—a peculiar cross between mutual funds and exchange-traded funds—have been around for decades. By 2008, they were on their way to oblivion. But total assets of UITs...
Read MoreBy Jason Zweig | 12:49 pm ET Jul 18, 2014Image Credit: Christophe Vorlet Who should get to invest in deals that aren’t available to the general public? That is a question the Securities and Exchange Commission will have to address in the next year or so. Private offerings—everything from energy partnerships or shares in your community bank to hedge...
Read More
By Jason Zweig | 4:21 pm ET Jul 11, 2014Image Credit: Christophe Vorlet If you want to know the track record of a mutual fund or exchange-traded fund, you can look it up in a matter of seconds online. But what about the track record of a financial adviser who is offering to pick investments for you? “I have to think investors would want to know that, but I...
Read More