- Free newsletters - Wealth Advisor, Breaking News and MoreEarn Free CE CreditsFree Seminars and Podcasts from Industry ExpertsAccess our Discussion Boards
White Papers
Evolution Revolution: A Profile of the Investment Advisor Profession
The Investment Advisor Association and National Regulatory Services present our ninth annual Evolution Revolution report. This report identifies significant trends and developments based on information that investment advisors are required to file with the U.S. Securities and Exchange Commission. In publishing these reports, we hope to contribute to a better understanding of the diverse investment advisory profession.
Dividends - a show of strength in all markets
The White Paper explores the benefits of dividends, particularly during an economic downturn. Historically, dividend-paying stocks have provided positive returns, even in volatile markets. More over, with their potential to enhance total return, dividends can be a core component in supporting clients' long-term wealth-building efforts even in a down market.
What Now? Active or Passive Management? Examining Real Alpha and Exotic Beta
The never-ending debate between the merits of active and passive management has become even more relevant to investors today: What approach will provide investors with vital benefits from a long-term perspective? As the markets bounce back, which investment approach is likely to do better?
Study Overview: 30,435 U.S. domiciled non-index mutual funds in 60 categories representing almost $4 trillion of assets (as of the end of 2008) were analyzed, including all live (in operation) and obsolete mutual funds in the Morningstar database. Obsolete funds were included to reduce survivorship bias: the tendency for poorer performing mutual funds to be excluded because they no longer exist. Returns were analyzed net of management fees and other expenses.
Discussion of the Week: 
