Joel Tillinghast, who specializes in small-cap stocks, said his job as portfolio manager has also become tougher because of the changing nature of the U.S. economy.
It increasingly appears that the stocks investors are buying when the market dips in general are the stocks that have generally been going up, not the ones headed down.
Betterment adds portfolios from Goldman Sachs and BlackRock, a Schwab study shows how much millennials love ETFs and a Connecticut union created a TV commercial targeting the high net worth.