Open MEPs could affect millions of retirement plan participants overnight

DALBAR’s Harvey: TPAs would benefit the most from Open MEPS among service providers.

The prospect of removing existing barriers to employer participation in Open Multiple Employer Plans could quickly impact millions of existing participants in small and midsized 401(k) plans.

To the Fiduciaries Go The Spoils

The word fiduciary has caused heartburn for most advisors. It is not the promise to act in clients’ best interest that scares most advisors; it is the task of proving that this was actually done that causes the pain. How is it possible to show that the motivation behind a recommendation is the client’s interest and not the compensation the advisor earns?

Complacency Is Weakest Cybersecurity Link: Dalbar/ThinkAdvisor Study

Despite the increasing fear Americans have of personal and financial information being stolen, most financial-services firms have been complacent on updating or implementing state of the art — or even basic — cybersecurity technology, according to a recent study by Dalbar/ThinkAdvisor entitled “The State of Authentication in Financial Services.”

Are Advisors’ Cyberdefenses Strong Enough? Dalbar-ThinkAdvisor Survey Seeks Answers

...“Authentication is now the primary defense, since the felons have already stolen the data,” said Lou Harvey, CEO of Dalbar, an independent financial-services market research firm, in an interview with ThinkAdvisor....

Statistics About Indexing's Advantage May Be Lying To You: Financial Advisors' Daily Digest

A new study by Dalbar finds that passive funds achieve higher returns, but active fund investors are better behaved and may actually come out ahead over the long term.

Dalbar’s 12 Factors to Measure When Picking Active or Passive Funds

In the longer term, Dalbar says, active investments have produced better results, which reflects investors' tendency to stay in these funds for longer ...

Why Trump Will Not Cancel the Fiduciary Rule

Donald Trump has committed to repeal regulations that strangle economic growth and in particular those that impede small businesses. While he has not promised to repeal the DoL Fiduciary Rule, on the surface it appears to qualify as an impediment to the small businesses of hundreds of thousands of advisors who earn a living from commissions and other forms of compensation that the Rule limits.

Dalbar Tool Aims to Limit DOL Rule’s Pay Cuts: Top Portfolio Products

Dalbar estimates that the average advisor could see a $34,000 reduction in compensation

Radio Interview: QAIB Study

Radio Interview: Cory Clark, Head of Research and Due Diligence at Dalbar discusses the QAIB study with Matt Kennedy of The Presley Group.

DOL Fiduciary Rule is the new sheriff in town, Dalbar introduces solutions to new law of the land

Dalbar provides solutions to support whichever choices are selected so as to minimize risks, grow business and comply with the new “laws”.

Dalbar’s Harvey: DOL Fiduciary Rule’s Cost to Brokers’ Businesses

Dalbar CEO Louis Harvey talks to ThinkAdvisor about how the rule will change brokers’ day-to-day jobs — and how those who embrace their fiduciary duties can reap profits...

Fiduciary Rule Interview in ThinkAdvisor


Even When Timing the Market Correctly, You Can Underperform

According to the Dalbar's 2015 Annual Quantitative Analysis of Investor Behavior (QAIB) the average equity fund investor correctly timed the market in ...

McBride: Consider options carefully if you come into unexpected money

A widely cited study, called Dalbar's Quantitative Analysis of Investor Behaviour, compares investors' average annual returns to market returns.

Tools, Training to Address DOL Fiduciary Definition

It's not yet a done deal, but Dalbar expects the best interest contract (BIC) exemption in the proposed fiduciary definition by the Department of Labor ...

Want To Avoid Losing Money In Stocks? Do These 5 Things

Investing research outfit Dalbar has been publishing a series of reports for years now which include a comparison of U.S. stock market investors' ...

Don't Let Stock Market Scares Dictate Your Strategy

Schmansky's observation is backed by some sobering numbers from research firm Dalbar, which since 1984 has studied the effects of mutual fund ...

We have met the enemy (of our portfolio) and he is us

Each year Dalbar updates its annual "Quantitative Analysis of Investor Behavior" report. The 2015 update reveals that over the most recent 20 year ...

The Most Important Chart Investors Have to See in the Bear Market Now

...Dalbar, the investing research outfit that came up with the data used in the chart, attributes the phenomenon to investors’ propensity to buy and sell their investments at the wrong times...

Lou Harvey: Looking for Mr. Dalbar—The 2015 IA 35 for 35

The wizard behind the curtain of the ubiquitous research firm helped popularize behavioral finance and keeps the industry on top of important issues.

Lou Harvey honored as a top leader by Investment Advisor magazine!

The 2015 IA 35 for 35 - Lou Harvey honored as a top leader by Investment Advisor magazine!   ...

The No. 1 Mistake Investors Make

Financial data firm Dalbar annually updates its quantitative analysis of investor behavior study, which shows how the average fund investor performed ...

Average Investors Have No Rhythm

A company named Dalbar sells an annual study of investor behavior and relative investment returns to financial advisors. The chart below has been ...

Why Is the Investor's Personal Rate of Return Missing on Financial Statements?

Only 25% of statements across the annuity, mutual fund, and brokerage sectors include a "personal rate of return," Dalbar's annual survey says.

Investment Firms Try to Find their Social Media Groove

A recent ranking by research firm Dalbar reveals how Ameriprise, John Hancock, New York Life and Prudential have created winning social media campaigns.

American IRA-A National Self-Directed IRA Provider-Announces The New Quantitative Analysis Of Investor Behavior Study Shows Mutual Funds Underperformed by 7.4% per year.

According to Dalbar's data, the average investor in mutual funds trailed the index over the trailing 12 month, 3 year, 5 year and 10 year time period.

6 Top Mobile Websites for Investors: Dalbar

That's why Boston-based research firm Dalbar rated 48 financial services company apps, according to 11 distinct evaluation categories including ...

How to Avoid the Number 1 Mistake Investors Make

The latest research from Dalbar not only confirms this, but reveals the gap to be especially wide. Over the past 30 years, the S&P 500 has returned ...

Study: Investors are Dumb

According to the Quantitative Analysis of Investor Behavior report from Dalbar, a financial research firm, equity fund investors earned an average ..

MassMutual Retirement Services Named Dalbar Investor Statement Champion

(Springfield, MA) – For the third year in a row, MassMutual’s Retirement Services Division has been recognized as a champion for its defined benefit (DB) and defined contribution (DC) investor statements according to Dalbar’s 16th annual Trends and Best Practices in Investor Statements report.

408(b)(2) The New Fiduciary Paradox

Eighteen months ago, after many stalls and starts, the 401k Industry was bracing for the
amended Rule 408(b)(2) to take effect. Many believed that the new Fee Disclosure Rules,
408(b)(2) & 404(a)(5), would provide a panacea for eliminating hidden or hard-to-find
401(k) fees...

Dalbar: Advisors Should Sell Goals, Not Funds

Saying mutual funds and annuities are the products clients seek from advisors is like saying that cloth is the product clothing-shoppers are seeking, Dalbar says.

Improve your EOB with personalized information

As consumers enter the exchange environment, it is increasingly crucial for them to fully understand their health coverage. A recent study by the Kaiser Family Foundation showed that a majority of Americans (57%) feel that they don’t have enough information to understand health reform and how it will impact them.

Three reasons a monkey is a better investor than you

That sad conclusion is based on work from Dalbar, a research firm in Boston, which estimates that the typical investor in US stock mutual funds over the ...

Joining the Bandwagon? Don’t Lose Your Balance

STOCKS are back. And that could be dangerous.

Dalbar Ranks Providers on Fee Disclosure

A new in-depth study conducted by Dalbar ranks providers on their 408(b)(2) compliance efforts. Based on the technical requirements of 408(b)(2), Dalbar's...

Ranking 401(k) Transparency; Avoiding Liquidity Temptations ...

By Editorial Staff In the January issue of Research, the magazine teams up with consulting firm Dalbar to present retirement plan transparency rankings.

Timing the market is a loser's proposition

Dalbar concludes: “One of the most startling and ongoing facts is that at no ... Dalbar shows in its study that “data further underscores the fact that ...

Call for Entries

Research Magazine and AdvisorOne, in collaboration with Dalbar, will publish a ranking of retirement plan transparency in January.

Market Timing Will Cost You Big Time Says Dalbar's Harvey

... culprit is the person looking back at you in the mirror says Lou Harvey, president and CEO of Dalbar, a Boston-based financial services research firm.

Research, AdvisorOne to Cast Light on Murky Fee Disclosures

That is why Research Magazine, AdvisorOne and Dalbar are teaming up to cast a brighter ... Over the next several months, Dalbar will conduct the study, ...

Gut Instincts Can Hurt Your Portfolio

Every year, the Boston financial-analysis firm Dalbar, Inc. publishes a report ... Indeed, says Dalbar President Lou Harvey, financial advisers are as prone ...

Are Individual Investors Destined to Fail?

"ETFs introduce a different type of investor that doesn't exist on the mutual-fund side, and that's the day trader," says Lou Harvey, president of Dalbar, ...

TRUSTIVO Adds Dalbar’s Verified Expert Status to Network

"This designation differentiates advisers in a meaningful way, helping Boomers find an adviser they can trust," says Louis S. Harvey, Dalbar's president and chief ...

The Indomitable Investor: Talking With Barron's Steven Sears

Dalbar has measured investor behavior over the past 20 years and what they found is that individual investors always trail the standard S&P 500 index.

The Five Questions You Need to Ask Your Financial Advisor Right Now

The latest Dalbar data shows that the return of an average investor trying to time the market is a pathetic 1.9% per year versus the S&P 500 return of 8.4% ...

Why You Should Follow George Costanza's Advice in the Equity Markets Right Now

And it's not just me saying it; it's also the newest Dalbar study that was released ... According to its website, Dalbar has been measuring the effects of ...

A Commitment to Discipline: Dalbar President Louis Harvey - Investing Game Plan

Most of us have a love/hate relationship with discipline. We hate to go through the rigors that discipline demands, but we are satisfied and proud of the.

401(k) rollover? An annuity that captures gains, not losses

Dalbar, a Boston-based market research firm, found that an average equity fund investment from 1990 to 2009 earned 3.17 percent, or a little over one-third ...

Fiduciary Plan Governance, LLC to Host 2012 Fiduciary Summit

... Associate Regional Director of the United States Department of Labor -- Employee Benefits Security Administration; Lou Harvey, Founder & CEO, Dalbar, ...

2 Things You Need to Know About Mutual Funds

One study by Dalbar showed that the S&P 500 returned 9.14% a year over a 20-year period ended 2010, but the average investor earned 3.83% a year. Why?

What type of returns does your portfolio mirror?

For a number of years, Dalbar has completed an annual study called the "Quantitative Analysis of Investor Behavior." This analysis tries to quantify the ...

Investor Behavior, Not Market Timing, Matters More in Your Portfolio

I have been anxiously awaiting the 2012 edition of Dalbar's Quantitative ... Since 1994, Dalbar has been measuring the effects of investor decisions to buy, sell ...

Dalbar, Inc. and The Rosenbaum Law Firm: Ultimate 3(38) to Focus on Upgrading ERISA Fiduciary Status

Initial group members are the Rosenbaum Law Firm and Dalbar, Inc. ERISA 3(38) managers act as fiduciaries for retirement plans with responsibility for the ...

Buy & Hold or Buy & Hope

Dalbar reports that from 1991 through 2010 the S&P 500 20-year average was 9.14%, while the average mutual fund investor earned 3.83%.

2012 Dalbar Study Reveals Average Investor Returns

One of my favorite “industry” studies that comes out every year is the Dalbar study.

Outperform your neighbors

In fact, an annual study done by Dalbar, an investment industry research firm, ... For example, according to Dalbar, for the 20-year period ending in 2007, ...

Investing Since 1928: 294 Chances To Mess Up

Carl Richards of Behavior Gap has an awesome illustration of the basic problem: According to Dalbar data, the dips are pretty good at causing investors to ...

Indexed Annuities: For the Best and Worst of Times

Dalbar, an independent, Boston-based financial research firm, recently released its latest edition of the Quantitative Analysis of Investor Behavior (QAIB).

How to Beat the Market at its Own Game

A 2011 study from Dalbar, a Boston-based research firm, ... The Dalbar study also shows that the average investor achieved only 3.8% a year versus the 9.1% ...

Dalbar Analysis Shows Poor Performance by Mutual Fund Investors

Dalbar Analysis Shows Poor Performance by Mutual Fund Investors by Barron Maestro on April 9, 2012 Simon Constable, writing for the Wall Street Journal, ...

Dalbar Analysis Shows Poor Performance by Mutual Fund

Simon Constable, writing for the Wall Street Journal, has written about the challenges facing mutual funds in their quest to keep up with, or beat the market.

It's Not Your Fault Your Fund Can't Keep Up

The average equity-fund investor saw annual returns of only 3.49% in the 20 years through 2011, according to the latest analysis from Dalbar.

StoneStreet Equity Earns 2011 Dalbar Certified ERISA 3(21) Adviser Award

StoneStreet Equity, LLC has been certified by Dalbar, Inc. to be qualified as an ERISA 3(21) Adviser.

We Let Emotions Wreck Our Investment Portfolio All Too Easily

... stock fund investor netted just 1.9 percent in annual returns for the 20-year period ending in 2008, according to the investor research firm Dalbar.

Dalbar Study Reveals Mutual Fund Investors Lost in 2011

Mutual fund investors suffered losses last year according to the annual Quantitative Analysis of Investor Behavior (QAIB) study conducted by Dalbar.

The Average Mutual Fund Investor Has Done WHAT?

This is exactly what the Dalbar Study measures. They measure the results of the market annually (S&P500) with the average results that individual [...] ...

Stern Advice: When advisers follow the crowd

... their calming presence when clients were panicking, according to Louis Harvey, president of Dalbar, a research firm that monitors investment behavior.

The Most Important Investment You Can Make Right Now

For example, Dalbar, a Boston-based research firm ,released a 2011 report that showed investors had achieved a mere 41.9% of the S&P 500's performance over ...

Why Don't You Invest?

One study by Dalbar showed that (link opens PDF file) the S&P 500 returned 9.14% a year over a 20-year period ending 2010, but the average investor earned ...

For CPAs, it's revenge of the nerds

That plays to the strengths of CPAs,” said Louis Harvey, chief executive of Dalbar Inc., a consulting firm to financial service providers.

Which three of DOL's new 401(k) rules represent the biggest land mines for financial advisors and plan sponsors

... would never be finalized," says Louis Harvey of Boston-based Dalbar Inc. Industry leaders are torn on how advisors should disclose indirect compensation ...

Are You an Above-Average Investor?

According to Dalbar, the average stock fund investor experiences returns that ... Dalbar calls this the "Investor Behavior Penalty," because people tend to get into ...

Accounting for Troubled Debt Restructurings

The year 2012 will see the full effect of a set of fee disclosure regulations for 401(k) and other defined contribution plans under ERISA...

Finance Friday: Why We Fail as Investors

The annual Dalbar studies of investor behavior show a constant theme regarding our failure as investors: chasing performance without a plan. The costs are ...

DALBAR Announces Fee Disclosure Relief

Dalbar announces its new Fee Disclosure Certification that values the intangibles of service, provides an independent evaluation to plan sponsors and creates a critical role for advisors and third party administrators (TPA).

The case for alternative strategy funds

Tim is an Accredited Investment Fiduciary, a Certified Funds Specialist, is Dalbar certified and holds a series 66 FINRA license. ...

What JPMorgan Asks Advisors That Other Fund Firms Don't

JPMorgan Funds is one of two winners of Dalbar's annual award for excellence ... Dalbar managing director Kathleen Whalen pointed to JPMorgan's commitment ...

Why you will fail in 2012

Investment analysis company, Dalbar, Inc., has studied individual investment results for many years and finds that individual investors consistently ...

Fee Chats are Critical for Dalbar Awards

Dalbar just gave executives at six mutual fund firms and a distributor something extra to smile about this holiday season, thanks to professional customer service ...

Dagger Money Talk: Becoming a Better Investor Through Understanding Your Emotions

Dalbar, Inc., the nation's leading financial services market research firm, found this to be true. In a recent study, a $10000 invested in the stocks that ...

RICK KAHLER: Do not leave potential retirement income on the table

This conclusion is based on a recent study by Dalbar, Inc. It found that mutual fund investors (individuals and investment advisers) consistently earn ...

Investors Not so Bad at Picking Active Funds After All

Studies by research firm Dalbar have shown that over the past two decades, fund investors have typically bought at market peaks and sold at troughs. ...

Dalbar Announces Its 2011 Annuity Service Award Winners in Financial Services

Today Dalbar released the 2011 winners of its annual Annuity Service Award. AXA Equitable-Equivest ...

Dalbar Announces Its 2011 Annuity Service Award Winners in Financial Services

For over two decades, Dalbar has conducted rigorous testing of service delivery and, each year identifies those annuity firms that were found to be above ...

Disclosure Upheaval

New rules require new 401(k) disclosure practices. Denial or deception could be disastrous.

Panicking About the Markets? Read This -- Now

Dalbar, a financial research firm in Boston, does a study every year which ... Over the past 20 years, says Dalbar, someone who just invested $1000 in the ...

Stop Paying Wall Street to Take Your Money

Here is another shocking fact: A study performed by Dalbar, Inc. compared the average investor's returns with the returns of the S&P 500. ...

Why investors always underperform the market

In this context, it would be interesting to go through a study conducted by Dalbar Inc, a US-based financial services market research firm, to determine how ...

Run in the Opposite Direction of the Herd

That is why the returns of investors in general tend to be much lower than those of the S&P 500 (by around 5.3 per cent annually according to Dalbar Inc.). ...

Financial Advisers Prepare For New 401(k) Reporting Rules

Earlier this year, Dalbar Inc., a Boston-based retirement services study group, ... Increased awareness of fees, Dalbar predicted, could create downward ...

Information Age's Effect On The Maxim Of Long-Term Stock Ownership To Attain Wealth, High Returns

Source(s): Index Fund Advisors, from Dalbar, Inc. report QAIB (Quantitative Analysis of Investor Behavior) Computer access leading to Internet provided ...

Keep a cool head – put a lock on greed

As Mel Kenny of Radcliffe & Newlands notes: “Research by Dalbar (July 2008) found the average annual stock market return between 1988 and 2007 was 11.6 per ...

The Key To Better Returns

Financial services market research firm Dalbar has surveyed individual households for more than 20 years and created their Quantitative Analysis of Investor ...

Bank reps seen as “pushy”, sales focused

... clients and bank staff continues to be largely product-driven, rather than focused on assessing client needs, according to the latest survey by Dalbar. ...

A Lost Decade for Advisors?

“The bottom line is that people were not willing to do business in traditional products,” says Lou Harvey, president of Dalbar Inc., a financial services ...

Top 5 banks' client experiences still heavily product-driven

Dalbar mystery shoppers and analysts conducted 200 unique visits in different ... This methodology, combining both the client perspective and Dalbar...

Why Investors Lag the Market

One study by the firm Dalbar covered the 20-year period from 1988 to 2007. ... A Dalbar update for 2010 concluded that, “the psychological factors that ...

A Contrarian Approach I Learned From Seinfeld

The author starts off chapter three, after the aforementioned and appropriate Seinfeld reference, with a study by Dalbar Inc. showing the returns ...

The Real Bear Market: When you count inflation, investors are still in the red

According to the definitive study by Dalbar Inc., largely thanks to poor timing the average investor has underperformed the Standard & Poor's 500 index by ...

Retirement Calculators Threaten Your 401k Plan

In fact, Lou Harvey, CEO of Dalbar, Inc. asserts; "Continued efforts since 1996 to help participants make informed decisions through educational sessions ...

Why investors are not making returns in the stock market?

In this context knowing about the study conducted by Dalbar to determine how ... Dalbar , Inc. is a US based leading financial services market research firm. ...

Advisers split on Occupy Wall Street

“That split is really surprising,” said Louis Harvey, chief executive of financial services market research firm Dalbar Inc. “Increased regulation on banks ...

Your Plan: Don't Let Market Swings Affect Investments

Each year the research firm Dalbar does a study that compares the returns investors really receive on stocks, compared with the earnings of the stock market ...

Keep Focus, Ignore Market Swings

Dalbar Inc., a large financial services market research firm, has compiled an annual Quantitative Analysis of Investor Behavior study since 1994 that ...

Bank of America Merrill Lynch Introduces 401(k) Enhancements to Meet the Evolving Needs of Employers and Employees

Benefits OnLine received the 2010 Dalbar Web Seal of Excellence. Dalbar examined 45 websites tailored to Defined Contribution plan participants. ...

Dalbar and T-Base Help Move Accessibility Forward within the Financial Industry

Both T-Base and Dalbar share a high level of commitment and understanding of quality statement design. This is the second collaboration of 2011 between ...

Understanding Investor Biases

According to a study by Dalbar Inc., the average investor's returns lagged those of the S&P 500 index by 6.48 percent per year for the 20 years prior to ...

Money Management Executive Announces 2011 Fund Operations Award Winners

... principal and managing director of Dalbar; Robert L. Williams, chairman of HengTian Services and Insigma HengTian Software; and William Young,...

 

Where's Your Compensation Heading?

And he's asked SEC head Mary Schapiro to back off even though she wants to pursue fiduciary status for brokers,” says Lou Harvey, who as president of Dalbar ...

Is It Time to Get Out of the Stock Market?

According to the most recent Dalbar study, the S&P 500 had an annual ... Dalbar suggests that it's because investors tend to buy funds when they're doing ...

 

Here Comes A New Fiduciary Designation

And the Registered Fiduciary (RF) standard came out earlier this year under the auspices of Dalbar Inc., a Boston-based financial services market research ...

ANALYSIS: Translating Gobbledygook from Health Insurers

In a recent national sampling of 34 insurers' EOBs by Dalbar,... In a Managed Healthcare Executive story about Dalbar's survey last year, Kathleen Whalen, ...

MetLife Innovations in Employee Benefits Implementation Earn Dalbar Awards for Excellence

Recognizing MetLife's achievements in Group Employee Benefits,Dalbar Inc. presented two of the company's customer ...

New rule shakes up 401(k)

A possible 'can of worms' on plans' expenses will affect employers, workers.

Insight: The madness of Wall Street

For the 17th time in as many years, Boston-based research firm Dalbar found that the 20-year returns realized by mutual fund investors lagged the markets ...

Tracking the 401(k) fees

But the debt ceiling debate got in the way, leaving Congress with little time to consider anything else, said Louis Harvey, president of Dalbar Inc.

Financial matters

The penalty for bad decisions measured in dollars. Dalbar Inc.'s study, titled "The Quantitative Analysis of Investor Behavior," also shows us what happens when poor investment decisions are made. ...

Great-West Retirement Services® Releases a Comprehensive Template That Surpasses New Fee Disclosure Requirements

Nelson said Great-West engaged Dalbar, Inc., a noted industry ... In contrast, Dalbar is an independent third party that doesn't have a vested interest in ...

Your Investments: The Opportunity of a Lifetime?

According to research by Dalbar, the numbers are telling: They looked at the returns of mutual-fund investors over the 20-year period, 1986-2006, ...

After the Downgrade: 5 Moves to Make Now

According to the latest Dalbar study, the average stock mutual fund earned a little over 9% a year over the last 20 years while the average stock fund ...

Mortgage vs. RRSP -Which Should Come First?

There is widely cited study called Dalbar 's Quantitative Analysis of Investor ... The latest Dalbar study showed that over the 20 years that ended December ...

9 Stupid Things Investors Do When Portfolio Building

...but it holds true over time, as the Dalbar research cited in this blog post shows. The authors also note that overconfidence leads to active trading. ...

It may pay to ask which share class your employer has picked for its 401(k)

The information probably will surprise 72 million 401(k) investors, according to a report by Boston-based Dalbar, which rates investment-related firms. ...

Why Most People Pick the Wrong Funds for Their 401 (k) and What You Can Do About It

According to the most recent Dalbar study, the S&P 500 Index returned an average of over 9% a year over the last 20 years while the average stock investor ...

Leading a Putnam Turnaround

"Bob Reynolds has literally turned the whole place upside down," says Louis Harvey, president of Dalbar Inc., a financial-services market-research firm ...

Dalbar Creates Registered Fiduciary Program for 401(k) Advisors

Dalbar has introduced a registered fiduciary designation for 401(k) advisers, the 401(k) RF Designation, ...