Just 2% of assets are offered via a Unified Managed Account framework.

While 95 new mutual funds have debuted this year, 123 have already shuttered, according to Morningstar Inc. data.

Poor investment returns can have a devastating impact on a retiree’s savings.

Aaron Hodari, the chief investment officer at Schechter, provides a peek inside the $3.45 billion RIA’s moderately aggressive model portfolio.