Exchange-traded funds (ETFs) are registered investment vehicles ranging in design from
tracking an index, commodity, investment style, or non-US market to providing exposure to …

Abstract Using the 2015 NFCS Investor Survey, this study investigated the relationship
between individual financial characteristics and ETF ownership. While ETFs offer many …

The value of direct indexing in enhancing overall after-tax returns has been well established.
But where does direct indexing fit in an investor's portfolio? In this paper, we demonstrate …

The goal of core-satellite investing is to optimally balance the portfolio allocation between a
core and satellite investment. This paper provides an explicit solution when the investor's …

This article investigates digital objects in video games as an alternative investment from
2015 to 2020. The authors use the Steam Community Market of the Counter-Strike Global …

Using more than two decades of disaggregated return data, we provide a comprehensive
study of the investment benefits offered by food futures. In addition to comparing them to …

I characterize the wealth management literature that The Journal of Wealth Management
helped define over the last quarter century and then assess its impact. Eight key areas of …

This study investigates market reactions to voluntary earnings guidance provided by
managers after the enactment of Regulation FD, which requires companies to disseminate …

Abstract The Margrabe Best-of-two (MBo2) strategy is a rule-based dynamic investment
solution for the two-asset allocation problem. Its typical implementation involves yearly …

Relevant financial literature has for decades recorded debates about the choice between
active and passive portfolio management strategy. In order to enrich domestic literature in …