Articles (1,515)

8,375,215 views

Featured Article


David vs. Goliath: Houghton College Beats Harvard in Endowment Performance

519
by Tom Allen and Mark Hebner
Thursday, February 16, 2017

College endowment performance is out for 2016 and there is a surprising winner with a not so surprising investment strategy, at least to us. Many endowments have been known for following the “Yale Model” made popular by Yale’s Chief Investment Officer, ...Read More

Archive

  • Tax Preparation Documents from Your Custodians

    180
    by Index Funds Advisors — Thursday, February 9, 2017

    As we start approaching April 18th, we wanted to keep our clients informed of when their 1099 Composites will be available online at Fidelity, TD Ameritrade, and Charles Schwab. The chart below details when ...Read More

  • Rule or No Rule: You Should Insist on a Fiduciary

    842
    by Mary Brunson and Mark Hebner — Tuesday, February 7, 2017

    The fiduciary rule issued last year by the Department of Labor (DOL) and backed by the previous administration is now under review at the request of the new administration and implementation may be delayed. ...Read More

  • IFA By the Numbers - 2017

    820
    by Mark Hebner — Tuesday, January 31, 2017

    As we begin 2017, it has become a tradition that we reflect on the prior year by collecting our IFA statistics (or, what has grown to be known as IFA By the Numbers) on the abundance and wealth of information ...Read More

  • The 4th Quarter and Annual Review of 2016

    753
    by Mark Hebner — Wednesday, January 25, 2017

    There were a lot of great themes we could take out of 2016. Ideas like diversification and patience when targeting risk premiums all presented themselves this year. First, it is important to remind investors ...Read More

  • Managing Investor Expectations

    806
    by Mark Hebner — Wednesday, January 18, 2017

    Expectations can be a double edged sword. On one side, expectations represent what is most likely to take place, which can have practical value when talking about planning for the future. On the other hand, it ...Read More

  • A Look Back at 2016

    792
    by Weston Wellington — Monday, January 16, 2017

    Every year brings its share of surprises. But how many of us could have imagined that 2016 would see the Chicago Cubs win the World Series, Bob Dylan receive the Nobel Prize in Literature, Donald Trump elected ...Read More

  • Saving for College: Is the 529 Plan Optimal?

    631
    by Tom Allen and Mark Hebner — Friday, January 13, 2017

    Over the holiday weekend, I was having a discussion with a family member about saving for college given the recent birth of their daughter. This particular family member was looking into a 529 plan, but was ...Read More

  • The Value IFA Brings to Your Personal Finances

    649
    by Index Funds Advisors — Tuesday, January 10, 2017

    As an investor it is important to understand the value your advisor provides for the fee they are charging you. While many traditional financial firms believe the majority of their value comes in the form of ...Read More

  • Why Discipline is So Important for Investors

    926
    by Tom Allen and Mark Hebner — Tuesday, January 10, 2017

    As we come to the end of the year it is important to reflect on some of the lessons learned from 2016. One of the biggest that comes to mind is the importance of discipline when it comes to investing, ...Read More

  • Alliance Bernstein: A Closer Look at the Performance

    1,143
    by Tom Allen and Mark Hebner — Thursday, January 5, 2017

    New York based money manager, Alliance Bernstein, has built a reputation of being one of the leading investment experts. They currently manage $490 Billion in assets, have 47 locations across 21 different ...Read More

  • Hedge Funds and Fraud: Way to Break the Stereotype

    974
    by Tom Allen and Mark Hebner — Thursday, December 29, 2016

    Hedge funds have received a pretty bad wrap since the last financial crisis. Some of the big stories that involved illegal behavior on behalf of hedge funds include Dreier LLP, Weavering Capital, Capitol ...Read More

  • Retirement Funds: The "Off Limits" Money

    998
    by Tom Allen and Mark Hebner — Wednesday, December 28, 2016

    Saving for retirement, let alone saving enough for a retirement, is a difficult endeavor for most investors. With the majority of baby boomers being underfunded for retirement, the overall conclusion that ...Read More

  • Putnam Investments: A Deeper Look at the Performance

    1,332
    by Tom Allen and Mark Hebner — Thursday, December 8, 2016

    Boston based money manager, Putnam Investments, has fallen on some hard times. As reported in the Boston Globe article, on Tuesday the company announced that it is going to cut 115 jobs or about 8% of its ...Read More

  • Targeting Premiums & Diversification

    1,165
    by Tom Allen and Mark Hebner — Tuesday, November 29, 2016

    Diversification provides many benefits for investors. Not only can we increase expected returns for a given level of risk, but we can also increase the reliability of capturing premiums or ...Read More

  • 2016 Year-End Fund Distributions & Portfolio Management

    4,749
    by Tom Allen and Mark Hebner — Monday, November 21, 2016

    At Index Fund Advisors, it is standard operating procedure for us to tailor how we manage client portfolios at year-end in anticipation of dividend and capital gains distributions from the mutual funds that we ...Read More

  • The Gurudex: How Accurate are the "Experts?"

    1,276
    by Tom Allen and Mark Hebner — Friday, November 18, 2016

    It may come as no surprise to anyone who follows us, but just in case you forgot, we don’t think too highly of active management. It is nothing personal, of course. The fact of the matter is that the ...Read More

  • The Power of Markets

    1,688
    by Dimensional Fund Advisors — Tuesday, November 1, 2016

    In 1958, economist Leonard Read published an essay entitled “I, Pencil: My Family Tree as Told to Leonard E. Read.” The essay, narrated from the point of view of a pencil, describes the ...Read More

  • IFA By the Numbers - 2016

    5,193
    by Mark Hebner — Monday, October 31, 2016

    It has become a tradition that we reflect on the prior year by collecting our IFA statistics (or, what has grown to be known as IFA By the Numbers) on the abundance and wealth of information we provide in ...Read More

  • Your Wealth Advisor: The Educator and the Coach

    1,530
    by Mark Hebner — Monday, October 24, 2016

    “Everything Should Be Made as Simple as Possible, But Not Simpler” – Albert Einstein The role of a Wealth Advisor is constantly evolving. Most of our parents remember the days where the ...Read More

  • The 3rd Quarter of 2016 in Review [VIDEO]

    1,543
    by Tom Allen and Mark Hebner — Friday, October 21, 2016

    The 3rd Quarter of 2016 was a great example of the disconnect between markets and economies that many often believe are closely tied together. While economic indicators are extremely important in terms of the ...Read More

  • Timing Premiums: Why It Is Not A Good Idea

    1,926
    by Tom Allen and Mark Hebner — Friday, October 14, 2016

    Many investors have caught on to the idea of the different dimensions of expected return or “premiums” such as the market, size, relative price (value), profitability, and capital investment ...Read More

  • Presidential Elections and the Stock Market

    2,778
    by Dimensional Fund Advisors — Monday, October 3, 2016

    Next month, Americans will head to the polls to elect the next president of the United States. While the outcome is unknown, one thing is for certain: There will be a steady stream of opinions from pundits and ...Read More

  • The Importance of Hiring a Fiduciary

    2,472
    by Tom Allen and Mark Hebner — Wednesday, September 21, 2016

    Index Fund Advisors embraces the responsibility of putting our clients’ best interest first and foremost.  Being beholden to the fiduciary standard of care is not something we see as a barrier, but ...Read More

  • Capturing the Value Premium: Is More Necessarily Better?

    2,857
    by Tom Allen and Mark Hebner — Wednesday, September 14, 2016

    Research over the last 4 decades has revealed a robust and persistent value premium – value stocks have outperformed growth stocks over many time periods and markets worldwide. In its most simplest form, ...Read More

  • Dreyfus Funds: A Closer Look at the Performance

    2,499
    by Tom Allen and Mark Hebner — Thursday, September 8, 2016

    Jack Dreyfus, also known as “The Lion of Wall Street,” founded Dreyfus Funds in New York City in 1951. A 1964 Life Magazine article attributes Dreyfus as revolutionizing the advertising of mutual ...Read More

  • The Law of Large Numbers: Bill Miller's Fall From Grace

    3,460
    by Tom Allen and Mark Hebner — Friday, September 2, 2016

    Bill Miller is widely considered one of the most successful investors of all time. At the helm of the Legg Mason Value Trust Fund (LMVTX) for over three decades, he earned the title of legendary by beating the ...Read More

  • Luck vs. Skill: An Update!

    3,150
    by Tom Allen and Mark Hebner — Thursday, August 25, 2016

    The active fund industry is a marketing machine; ready to pitch short term outperformance as an indication of manager skill. Investors subsequently make a large allocation to these “winners” and ...Read More

  • The 3.8% Medicare Tax: What You Need To Know

    1,989
    by Tom Allen and Mark Hebner — Thursday, August 11, 2016

    On January 1, 2013, the US Government introduced a new Net Investment Income Tax of 3.8%. This tax only affects certain households or individuals that meet certain thresholds of net investment income or ...Read More

  • Index Funds: The Documentary Film

    4,436
    by Mark Hebner — Monday, August 8, 2016

    I am very proud to share this film with you and ask that you help spread the word. I’d also like to thank you for your support, your interest and your encouragement as my dedicated team and I continue to ...Read More

  • Columbia Funds: A Deeper Look at the Performance

    3,611
    by Tom Allen and Mark Hebner — Thursday, August 4, 2016

    Columbia Management is one of the largest investment management firms in the world. With close to 7 full decades of industry experience and expertise and over 100 individual investment strategies, Columbia has ...Read More

  • The 2nd Quarter of 2016 in Review [VIDEO]

    4,736
    by Tom Allen and Mark Hebner — Tuesday, July 26, 2016

    The second quarter of 2016 was mixed in terms of good and bad news as well as performance. While the Eurozone experienced a big shock in terms of the unanticipated “Brexit” vote, the United States ...Read More

  • Closing the Behavior Gap

    3,186
    by Tom Allen and Mark Hebner — Monday, July 25, 2016

    “Insanity: doing the same thing over and over again and expecting different results.” – Albert Einstein Market timing is and has been one of the most disastrous investment ideas to plague our ...Read More

  • Dodge & Cox: A Deeper Look at the Performance

    3,904
    by Tom Allen and Mark Hebner — Thursday, July 7, 2016

    San Francisco based Dodge & Cox is one of the most well-known investment management firms in the world. More impressively, they have been able to build a very sizeable asset base on the back of just 6 ...Read More

  • Brian Schroeder

    Benchmark Linking: What Plan Sponsors Should Know

    2,595
    by Brian Schroeder — Friday, July 1, 2016

    Believe it or not, many plan sponsors of institutional investment plans do not have a reliable benchmark to judge their total performance over time.  How can this be?  What could be more fundamental ...Read More