Financial advice consolidation in the UK has put private equity in control of hundreds of firms. Here's what vertical integration and hidden conflicts mean for your money.
The investing industry gives the impression that beating the market is all about skill, but the evidence tells us it's largely a game of chance This is the third article in our 12-part series on Mark Hebner's "Index Funds: The 12-Step Recovery Program for Active Investors." Missed the previous steps? Catch up here on Step 1 and Step 2. If Nobel Prize-winning research wasn't enough to convince you that active investing is futile, perhaps the brutal statistics on stock picking
