While the stock market has suffered great losses recently, the performance of fixed income bond funds reminds us all that appropriate asset allocation is the prudent course of action.
Tagged with "stock market"
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Target-Date Funds Face Major Market Test
Posted on March 16th, 2020 at 1:13 PM
The market correction last week caused target-date funds to drop, resulting in up to 10% negative returns. However, market commentators argue that performance is far better than what happened to target-date funds in 2008. Funds last week saw just a 30% decrease in negative returns compared to 2008.
Wirehouses Have Seen a Slow Down in Breakaway Brokers in 2019
Posted on May 8th, 2019 at 5:14 PM
The number of financial advisors breaking away from their firms has slowed during the first three months of this year. According to InvestmentNews, only 94 financial advisors have left the wirehouse channel in the first quarter, which is a 36% drop from the 147 breakaways recorded in the fourth quarter of 2018. The stock market correction is cited as one of the main reasons why there has been the lowest breakaway activity since the second quarter of 2017.
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