Morgan Stanley will soon prevent its clients from buying Vanguard Group's mutual funds, the latest big Wall Street brokerage to mostly shut out some of the index giant's funds.
A thousand dollars here, a thousand dollars there — it begins to really add up. The recent reduction in Vanguard and Schwab ETF fund fee cuts, and in TD Ameritrade Institutional's trade commission, are doing just that.
In this quarter's CIO commentary, we review the impact of Trump's first months in office on the investment markets, comment on Europe's many economic challenges, and discuss a new developed equity market investment in AlphaGlider strategies.