(New York)

Market volatility has been rising substantially and advisors may be interested in looking for holistic ways to diversify risk. Take a look at WisdomTree’s lineup of models, which are quite comprehensive. Using a factor-based approach, WisdomTree has a number of models to help investors hedge risk. This kind of approach can be quite useful right now as the market has been so unpredictable. According to the CIO of WisdomTree “We see an almost total factor performance reversal. In Q1 (when interest rates were rising), the market was led by value, dividends, and quality, with growth and momentum trailing far behind … But since then (as interest rates have fallen), it has been exactly the opposite—growth, momentum, and quality have led the way, while value and dividends dramatically underperformed”.

FINSUM: Models are an increasingly popular way for advisors to achieve a lot of investing goals, and they may be most useful because they can help save time by giving a single point-of-access to a comprehensive strategy.

(New York)

Two of the biggest problems facing many investors are how to handle potential inflation and taxes but…see the full story on Magnifi’s site

(New York)

The stock markets have had some very small slumps but rebounded quickly in the last 12-months. The refusal to…see the full story on Magnifi’s site

(New York)

Environmental, social, and governance is the well-known splash in the investment world but…see the full story on Magnifi’s site

(New York)

When Schwab announced its acquisition of TD Ameritrade in November 2019, there was a big and sustained surge of consternation among RIAs. TDA had long been known as specializing in RIAs, especially on the smaller end of the spectrum. Schwab had exactly the opposite reputation. That has left a general void for the smaller advisor looking to go independent for the first time. However, Goldman is apparently ramping up its new custody unit and clearing platform for RIAs. The move is still in its early stages, but the firm is hiring several executives to lead the charge and seems to be aiming to compete with Schwab, Fidelity, BNY Mellon etc.

FINSUM: Advisors may recall that Goldman acquired United Capital in 2019. United was an RIA consolidator, so this seems like a natural step for the bank. In our view, it would be great for the industry to have more competition on the custodial front.