Nobel laureate and M.I.T. professor of economics Robert Merton doesn’t think much of target-date funds. Excerpts from the November 2, 2015 online edition of Advisor Perspectives: Target-date funds are an exceptionally bad way to save for retirement, according to Robert Merton. Merton is a professor of economics at M.I.T. and was awarded the Nobel Prize […]
Springwater’s July 2015 Newsletter Please click on the above title to read our latest newsletter.
We’ve just added a number of new educational and informative videos to the Springwater library. You can view them on our website here.
Springwater’s May 2015 Newsletter Please click on the above title to read our latest newsletter.
One of the more interesting aspects of our practice at Springwater is that we occasionally find our “investment mood” at odds with that of our prospective clients. So it is context of managing (prospective) client expectations that we share with you below the contents of an email we sent to our clients in May 2007, […]
You may remember the horror stories of employees who watched their 401(k) account balances virtually disappear when the stock price of their employer collapsed. Enron and Lehman Brothers are two of the most famous examples. To the list can now be added… RadioShack. While employer stock in 401(k) plans is less common than it used […]
At Springwater, we build portfolios based on the science of capital markets to deliver a better investment experience for our clients. We know that you don’t need to accurately predict the future to deliver successful long-term performance. With the market again near an all-time high, we thought it would be prudent to review some comments […]
In many retirement plans, a significant amount of a participant’s earnings are lost to fees. The New York Times recently featured an article on the challenges that one retired 401(k) plan participant is facing in his efforts to hold his employer accountable for the costs associated with the plan. Despite a federal requirement that plan […]
University of Chicago Booth Professor and Nobel prize winning economist Eugene Fama talks about the evolution of modern finance. Click here to watch the short, three minute video.
An October 10, 2014 New York Times article featured yet another consumer belatedly questioning whether the financial advice they were given by an investment broker was truly in their best interests. The couple in the story say they didn’t realize that their broker wasn’t required to follow the most stringent requirement for financial professionals, known […]