The 1,157 point drop in the Dow Jones Industrial average in early February resulted in a deluge of investors checking their accounts online, which in turn caused temporary failures or the slowing of services from internet platforms operated by Fidelity, TD Ameritrade, T. Rowe Price, Betterment, and Wealthfront. So reports FinancialPlanning.
Advisors should provide long-term portfolio performance numbers in their commentaries rather than quarterly numbers to encourage clients to view things from a long-term perspective, maintains Harold Evensky.
In a recent Financial Planning Association survey, 85% of advisors said they use ETFs, which has placed the products as the number one choice among financial planners for the third consecutive year. So reports CNBC.