Karen DeMasters

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Portfolio Managers Fraudulently Lost $1B In Client Money, SEC Says

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The defendants fraudulently assured investors there was much less risk than there actually was, the SEC said.

New Fin-Tech Helps Advisors With Retirement Plans

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401KInABox provides assistance in advising employers, the creator said.

Advocacy Group Accuses Fund Managers Of Conflicts In Proxy Votes

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A spokesman for one firm calls the accusations "ludicrous."

The Hunt For Alpha Leads To Europe, Schroders Says

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The continent could hold attractive private equity opportunities, said the firm's investment managers.

Poor Investment Decisions Grow Out Of Biases, Morningstar Says

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If advisors test their clients for biases, they can help them avoid bad investment decisions, the firm says in a new report.

Young Adults Say Money Does Buy Them Happiness

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Surveyed millennials and Gen Xers say that being wealthy means being happy and successful.

T. Rowe Price Lowers Target-Date Fund Fees

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The firm is expanding its target-date fund offerings to more clients.

M&A Arouses Interest But Few Concrete Plans Among Advisors

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Buyers are looking for firms with strong organic growth, a Dimensional Fund Advisors study says.

Advisors Snub Some Clients' Crypto Wishes, Incapital Says

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Clients often do not understand the risks of cryptocurrencies, a new survey finds.

Advisors Urged To Focus On Healthcare As Pandemic Recedes

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Health savings accounts are one option that advisors should consider for their clients, an HSA industry executive said.

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