What Are You Paying for Your 401(k)? The investing spotlight continues to shine brightly on defined contribution retirement plans, threatening to expose hidden costs that investment managers audaciously believed they could foist upon unsuspecting plan spon

The recent turmoil in the financial markets has sparked a great deal of debate over who's to blame and who's to pay. Storied investment banks, brokerage houses, mortgage backers and insurers have tumbled like a house of cards seemingly as if struck by a fa

Once again, sage and timely advice echoes from Harry Markowitz, Nobel Prize winner and the highly regarded Father of Modern Portfolio Theory. Markowitz's admonition about correlation's intensifying impact on risk or volatility was inked some 40 years ago,

It is entirely possible that most investors have but one good thing to say about 2008: "It's over!"

Given time, however, investors may determine that 2008 turned out to be a rewarding year after all, if not in the traditional sense.

Free Markets are Doing Their Job. Uncertainty is Higher. Prices are Lower. Expected Returns are About the Same.

Mark Hebner interviews Harry M. Markowitz (1990 Nobel Prize Winner, Economics). They discuss the 2008 year, diversification, Modern Portfolio Theory, and the Efficient Market Theory.

As manager of the Legg Mason Value Trust, Miller enjoyed the distinction of being the only fund manager who beat the S&P 500 Index for the 15 consecutive years from 1991 through 2005. After 15 years of placing savvy bets against the herd, Mr. Miller had be

The emotional toll on Madoff's victims is heavy. At the root of all of this pain sits the once (and perhaps still) stubborn belief that active managers can persistently outperform market indexes. The evidence is, however, that they can't.

Who Can You Trust? Mark Hebner Addresses Madoff Mayhem - IFA President and Founder Mark Hebner addresses the Bernie Madoff scandal as he asks and answers the most important questions that investors should be asking their investors right now.

Madoff's Hedge Fund Ponzi scheme - estimated losses of a whopping $50 billion (yes, that is billion with a B) losses