Duvet day here at Monevator as we update our asset allocation quilt with another year’s worth of returns. The resulting patchwork reveals the fluctuating fortunes of the major asset classes across a decade, and invites a question… Could you predict the winners and losers from one year to the next? Asset allocation quilt 2024 The … Read more
Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the French company. The two sides were unable to agree on a deal structure, including control of the combined entity, according to a person with knowledge of the matter, who asked not to be identified because … Read more
Welcome everyone! Welcome to the 405th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Gaetano Sacco. Gaetano is a partner and senior financial advisor at Fountainhead Advisors, an RIA based in Warren, New Jersey, that oversees approximately $900 million in assets under management for 1,000 client households. What’s unique about … Read more
Traditionally, advisors have not had many avenues to handle shoppers’ 401(ok) plan accounts, since not like conventional custodial funding accounts, advisors typically lack discretionary buying and selling authority in employer-sponsored retirement plans. Which wasn’t essentially an enormous concern again when most shoppers employed advisors after they’d already retired and have been in a position to … Read more
