PBS Frontline is shocked – shocked! – to find that investors hold retirement accounts that cost too much and eat into long-term returns, even though financial experts have been hammering away on these issues for years The public affairs show turned its investigative eye to the financial services industry this week with The Retirement Gamble. [...] [...more]
Mutual fund costs will be Topic A this fall around many kitchen tables when workplace retirement savers start receiving the new government-mandated quarterly statements spelling out exactly what they are paying for their 401(k)s. But a kitchen table chat is also in order for retirees. After all, smart portfolio management is important in retirement, too. [...] [...more]
Most investment advisors measure their success by a yardstick called assets under management–the amount clients have entrusted them to invest. Mitch Tuchman is more interested in the dollars he’s been able to bring “out of management.” That’s Tuchman’s shorthand for the dollars that his company’s website, MarketRiders.com, has helped clients move out of high-fee brokerage [...] [...more]
