Home / Columns and Features / It’s a caveat emptor investment world after all (access required)

It’s a caveat emptor investment world after all (access required)

Three significant trends have transformed the financial services marketplace in recent decades. The defined contribution plan has replaced the defined benefit plan as the principal retirement vehicle provided by most employers in the private sector. Advisory accounts are now more popular than the traditional brokerage account. Financial products and services have become more and more ...

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Have mutual funds become obsolete? (access required)

Mutual funds are essentially a 1920s innovation. The modern mutual fund dates back to 1924 with the creation of the ...