A new academic paper, supported by the Investment Adviser Association’s Active Managers Council, argues that active managers play a role in making markets efficient.

And as the competition for investor money intensifies, the question is how much lower can asset managers afford to go, and should they?

The same principles of factor investing can be applied to March Madness brackets.

Should independent financial advisors help clients invest directly in real estate? RealCrowd's REAllocate is on the cusp of launching an advisor-centric platform to help them do just that.

Goldman Sachs' acquisition of Standard & Poor’s Investment Advisory Services LLC gives the New York-based bank another vehicle to bring its funds to investors through the creation of model portfolios.

Arguments that they lack transparency or may be subject to manipulation are largely off base.