Dalbar’s 12 Factors to Measure When Picking Active or Passive Funds

In the longer term, Dalbar says, active investments have produced better results, which reflects investors' tendency to stay in these funds for longer ...

Interview: Louis Harvey, Dalbar

Ary Rosenbaum, That 401(k) Guy, Interviews Louis Harvey

Q: How has the rollout of the new fiduciary rule impacted your business?

A: Firms seeking to comply under the new rules are taking advantage of Dalbar‘s services including Registered Fiduciary (RF™), Auditing required under ERISA 408(g), Computer Model Certification, Proof of Reasonableness of Compensation and Assessment of Rollover Practices. The fiduciary rule also creates new compliance burdens for the contact center. We have integrated fiduciary rule compliance into our evaluation criteria. This new element adds to the value proposition of our Service Quality Measurement Program. We look forward to continue helping contact centers grapple with the practical implications of the rule...

Why Trump Will Not Cancel the Fiduciary Rule

Donald Trump has committed to repeal regulations that strangle economic growth and in particular those that impede small businesses. While he has not promised to repeal the DoL Fiduciary Rule, on the surface it appears to qualify as an impediment to the small businesses of hundreds of thousands of advisors who earn a living from commissions and other forms of compensation that the Rule limits.

Radio Interview: QAIB Study

Radio Interview: Cory Clark, Head of Research and Due Diligence at Dalbar discusses the QAIB study with Matt Kennedy of The Presley Group.

DALBAR, 2016: Yes, You Still Suck At Investing (Tips For Advisors)

With the release of Dalbar's latest study, it would be prudent to both update, and remind you, of the problems investors continue to face despite the ...

DOL Fiduciary Rule is the new sheriff in town, Dalbar introduces solutions to new law of the land

Dalbar provides solutions to support whichever choices are selected so as to minimize risks, grow business and comply with the new “laws”.

Even When Timing the Market Correctly, You Can Underperform

According to the Dalbar's 2015 Annual Quantitative Analysis of Investor Behavior (QAIB) the average equity fund investor correctly timed the market in ...

Amid Market Decline, Don't Sell Yourself Short

Each year Dalbar, a Boston-based consulting firm, examines how average investors perform relative to what they invest in. And without fail, each year ...

McBride: Consider options carefully if you come into unexpected money

A widely cited study, called Dalbar's Quantitative Analysis of Investor Behaviour, compares investors' average annual returns to market returns.

Want To Avoid Losing Money In Stocks? Do These 5 Things

Investing research outfit Dalbar has been publishing a series of reports for years now which include a comparison of U.S. stock market investors' ...

Investors should fear themselves

The oft-cited annual report by Boston firm Dalbar into average investor returns would indicate that a good financial adviser can significantly boost ...

Don't Let Stock Market Scares Dictate Your Strategy

Schmansky's observation is backed by some sobering numbers from research firm Dalbar, which since 1984 has studied the effects of mutual fund ...

The Most Important Chart Investors Have to See in the Bear Market Now

...Dalbar, the investing research outfit that came up with the data used in the chart, attributes the phenomenon to investors’ propensity to buy and sell their investments at the wrong times...

Lou Harvey: Retirement Advisors’ Value Is Misunderstood


Lou Harvey: Looking for Mr. Dalbar—The 2015 IA 35 for 35

The wizard behind the curtain of the ubiquitous research firm helped popularize behavioral finance and keeps the industry on top of important issues.

The No. 1 Mistake Investors Make

Financial data firm Dalbar annually updates its quantitative analysis of investor behavior study, which shows how the average fund investor performed ...

Dalbar Grants AXIS Retirement Analytics Platform Its Benchmark Methodology Certification Seal

Dalbar, a trusted source for helping the retirement industry in achieving excellence through evaluation and accreditation of strict processes has ..

Average Investors Have No Rhythm

A company named Dalbar sells an annual study of investor behavior and relative investment returns to financial advisors. The chart below has been ...

Investment Firms Try to Find their Social Media Groove

A recent ranking by research firm Dalbar reveals how Ameriprise, John Hancock, New York Life and Prudential have created winning social media campaigns.

Investment Firms Try to Find Their Social Media Groove

A recent ranking by research firm Dalbar reveals how Ameriprise, John Hancock, New York Life and Prudential have created winning social media campaigns... 

American IRA-A National Self-Directed IRA Provider-Announces The New Quantitative Analysis Of Investor Behavior Study Shows Mutual Funds Underperformed by 7.4% per year.

According to Dalbar's data, the average investor in mutual funds trailed the index over the trailing 12 month, 3 year, 5 year and 10 year time period.

How to Avoid the Number 1 Mistake Investors Make

The latest research from Dalbar not only confirms this, but reveals the gap to be especially wide. Over the past 30 years, the S&P 500 has returned ...

There's An Unavoidable Reason Some Investors Are Bound To Fail

It's a necessity of how markets work. According to Dalbar and other research groups, the average U.S. stock investor has underperformed the market ...

Study: Investors are Dumb

According to the Quantitative Analysis of Investor Behavior report from Dalbar, a financial research firm, equity fund investors earned an average ..

408(b)(2) The New Fiduciary Paradox

Eighteen months ago, after many stalls and starts, the 401k Industry was bracing for the
amended Rule 408(b)(2) to take effect. Many believed that the new Fee Disclosure Rules,
408(b)(2) & 404(a)(5), would provide a panacea for eliminating hidden or hard-to-find
401(k) fees...

10 Top Mobile Apps for Investors: Dalbar

These apps by financial services company stood out among the 45 evaluated in several categories, like branding and design.

Dalbar: Advisors Should Sell Goals, Not Funds

Saying mutual funds and annuities are the products clients seek from advisors is like saying that cloth is the product clothing-shoppers are seeking, Dalbar says.

Three reasons a monkey is a better investor than you

That sad conclusion is based on work from Dalbar, a research firm in Boston, which estimates that the typical investor in US stock mutual funds over the ...

Dalbar’s Harvey: Individual Investors Brilliant at Mistiming Markets

Retail investors’ renewed enthusiasm for stocks now that they’re at record highs is something to fear rather than celebrate, says Louis Harvey, president of Dalbar, a research firm in Boston.

Joining the Bandwagon? Don’t Lose Your Balance

STOCKS are back. And that could be dangerous.

Ranking 401(k) Transparency; Avoiding Liquidity Temptations ...

By Editorial Staff In the January issue of Research, the magazine teams up with consulting firm Dalbar to present retirement plan transparency rankings.

Why people lose money in mutual funds

Dalbar's Quantitative Analysis of Investor Behaviour compares the investors' ... The most recent Dalbar study found that in the 20 calendar years ending in ...

Timing the market is a loser's proposition

Dalbar concludes: “One of the most startling and ongoing facts is that at no ... Dalbar shows in its study that “data further underscores the fact that ...

Market Timing Will Cost You Big Time Says Dalbar's Harvey

... culprit is the person looking back at you in the mirror says Lou Harvey, president and CEO of Dalbar, a Boston-based financial services research firm.

401(k) paperwork gets mixed grades on clarity

To give readers a sense of the feel, we asked Boston-based consulting firm Dalbar to give us two examples, one which earned high marks and one which earned ...

Research, AdvisorOne to Cast Light on Murky Fee Disclosures

That is why Research Magazine, AdvisorOne and Dalbar are teaming up to cast a brighter ... Over the next several months, Dalbar will conduct the study, ...

Are Individual Investors Destined to Fail?

"ETFs introduce a different type of investor that doesn't exist on the mutual-fund side, and that's the day trader," says Lou Harvey, president of Dalbar, ...

Why Your Investment Returns Could Be Lower Than You Think

According to the latest Dalbar report, someone investing systematically from 1992-2011 would only have earned about a 3.2% compounded annualized return ...

TRUSTIVO Adds Dalbar’s Verified Expert Status to Network

"This designation differentiates advisers in a meaningful way, helping Boomers find an adviser they can trust," says Louis S. Harvey, Dalbar's president and chief ...

The Five Questions You Need to Ask Your Financial Advisor Right Now

The latest Dalbar data shows that the return of an average investor trying to time the market is a pathetic 1.9% per year versus the S&P 500 return of 8.4% ...

Four Ways Mutual Funds Hurt Your Retirement

Dalbar puts together an annual study of investor behavior, and recent findings support this theory. In 2011 alone the average equity mutual fund investor ...

401(k) rollover? An annuity that captures gains, not losses

Dalbar, a Boston-based market research firm, found that an average equity fund investment from 1990 to 2009 earned 3.17 percent, or a little over one-third ...

Why You Should Follow George Costanza's Advice in the Equity Markets Right Now

And it's not just me saying it; it's also the newest Dalbar study that was released ... According to its website, Dalbar has been measuring the effects of ...

A Written Plan Can Help Your Portfolio

... to Boston-based investment-research firm Dalbar Inc. Bond investors did even worse against the Barclays Capital Aggregate Bond Index, Dalbar says.

Fiduciary Plan Governance, LLC to Host 2012 Fiduciary Summit

... Associate Regional Director of the United States Department of Labor -- Employee Benefits Security Administration; Lou Harvey, Founder & CEO, Dalbar, ...

What type of returns does your portfolio mirror?

For a number of years, Dalbar has completed an annual study called the "Quantitative Analysis of Investor Behavior." This analysis tries to quantify the ...

The Five W's Of Bad Investing Behavior

Studies from Dalbar show that investors have the habit of piling into whatever is working at the moment only to bail once something new comes along.

Investor Behavior, Not Market Timing, Matters More in Your Portfolio

I have been anxiously awaiting the 2012 edition of Dalbar's Quantitative ... Since 1994, Dalbar has been measuring the effects of investor decisions to buy, sell ...

Buy & Hold or Buy & Hope

Dalbar reports that from 1991 through 2010 the S&P 500 20-year average was 9.14%, while the average mutual fund investor earned 3.83%.

Don't Fake It

From left to right: Alois Pirker, Aite Group; Kathleen Whalen, Dalbar; Seth Brewer, The Hartford. It's no surprise that many wealth management firms and ...

2012 Dalbar Study Reveals Average Investor Returns

One of my favorite “industry” studies that comes out every year is the Dalbar study.

Investing Since 1928: 294 Chances To Mess Up

Carl Richards of Behavior Gap has an awesome illustration of the basic problem: According to Dalbar data, the dips are pretty good at causing investors to ...

Universal Fiduciary Advice Will Shut Out Middle-Class Clients

By Gil Weinreich, AdvisorOne Consulting firm Dalbar's chief executive, Louis Harvey, known as an advocate of fiduciary advice, has poured a bit of cold ...

Indexed Annuities: For the Best and Worst of Times

Dalbar, an independent, Boston-based financial research firm, recently released its latest edition of the Quantitative Analysis of Investor Behavior (QAIB).

Dalbar Analysis Shows Poor Performance by Mutual Fund Investors

Dalbar Analysis Shows Poor Performance by Mutual Fund Investors by Barron Maestro on April 9, 2012 Simon Constable, writing for the Wall Street Journal, ...

Eliminate emotional investing

Since the early 2000s, the research organization Dalbar has been studying how the decisions impact investment performance. Each year the study compares the ...

Dalbar Analysis Shows Poor Performance by Mutual Fund

Simon Constable, writing for the Wall Street Journal, has written about the challenges facing mutual funds in their quest to keep up with, or beat the market.

StoneStreet Equity Earns 2011 Dalbar Certified ERISA 3(21) Adviser Award

StoneStreet Equity, LLC has been certified by Dalbar, Inc. to be qualified as an ERISA 3(21) Adviser.

DOL's Secret Fiduciary Fix Offers BDs Big Opportunity

So says Lou Harvey, head of the financial services market research firm Dalbar, with respect to ERISA 408(g), an exemption that permits advisors to use a ...

We Let Emotions Wreck Our Investment Portfolio All Too Easily

... stock fund investor netted just 1.9 percent in annual returns for the 20-year period ending in 2008, according to the investor research firm Dalbar.

The Average Mutual Fund Investor Has Done WHAT?

This is exactly what the Dalbar Study measures. They measure the results of the market annually (S&P500) with the average results that individual [...] ...

ASK SETH & BRAD: Avoiding Two Major Financial Mistakes

Every year Dalbar Inc. publishes the investment return estimates for the "average" investor. We can't recall a time in history when the report was anything ...

Stern Advice: When advisers follow the crowd

... their calming presence when clients were panicking, according to Louis Harvey, president of Dalbar, a research firm that monitors investment behavior.

Why Don't You Invest?

One study by Dalbar showed that (link opens PDF file) the S&P 500 returned 9.14% a year over a 20-year period ending 2010, but the average investor earned ...

A Beginners Guide To Managing Your Money

A study conducted by Dalbar, Inc. showed that inexperienced investors tend to buy high and sell low, which often leads to losses in short-term trades.

For CPAs, it's revenge of the nerds

That plays to the strengths of CPAs,” said Louis Harvey, chief executive of Dalbar Inc., a consulting firm to financial service providers.

Are You an Above-Average Investor?

According to Dalbar, the average stock fund investor experiences returns that ... Dalbar calls this the "Investor Behavior Penalty," because people tend to get into ...

Right-brain investing: no math, no problem

In fact, the average individual investor grossly underperforms the market, according to research by Dalbar, a financial services research company in Boston.

Accounting for Troubled Debt Restructurings

The year 2012 will see the full effect of a set of fee disclosure regulations for 401(k) and other defined contribution plans under ERISA...

DALBAR Announces Fee Disclosure Relief

Dalbar announces its new Fee Disclosure Certification that values the intangibles of service, provides an independent evaluation to plan sponsors and creates a critical role for advisors and third party administrators (TPA).

Treasury funds show folly of chasing performance

In that same period, investment research firm Dalbar estimates that, thanks to performance chasing and the like, the average equity fund investor earned a ...

The case for alternative strategy funds

Tim is an Accredited Investment Fiduciary, a Certified Funds Specialist, is Dalbar certified and holds a series 66 FINRA license. ...

Why you will fail in 2012

Investment analysis company, Dalbar, Inc., has studied individual investment results for many years and finds that individual investors consistently ...

Human Emotion Kills Investor Returns

Since 1994, Dalbar, Inc. has been measuring the effects of investor's decisions to buy and sell investments. They have also studied the tendency for investors to switch in and out of specific mutual funds—in both short-term and long-term time frames. ...

Fee Chats are Critical for Dalbar Awards

Dalbar just gave executives at six mutual fund firms and a distributor something extra to smile about this holiday season, thanks to professional customer service ...

RICK KAHLER: Do not leave potential retirement income on the table

This conclusion is based on a recent study by Dalbar, Inc. It found that mutual fund investors (individuals and investment advisers) consistently earn ...

4 Reasons You Stink at Managing Your Own Money

Again, just look at the recent study by Dalbar – and that 2.6 percent annual return – while according to JPMorgan Asset Management, the worst return for the ...

Investors Not so Bad at Picking Active Funds After All

Studies by research firm Dalbar have shown that over the past two decades, fund investors have typically bought at market peaks and sold at troughs. ...

Dalbar Announces Its 2011 Annuity Service Award Winners in Financial Services

For over two decades, Dalbar has conducted rigorous testing of service delivery and, each year identifies those annuity firms that were found to be above ...

Rescuing Retirement

In 2011, it was certified by Dalbar Inc., a financial-services market-research firm, as meeting the requirements of the Pension Protection Act of 2006. ...

Disclosure Upheaval

New rules require new 401(k) disclosure practices. Denial or deception could be disastrous.

Stop Paying Wall Street to Take Your Money

Here is another shocking fact: A study performed by Dalbar, Inc. compared the average investor's returns with the returns of the S&P 500. ...

Three Psychological Stumbling Blocks That Kill Profits

Dalbar, a Boston-based market research firm, produces annual research that ... According to the Dalbar data, t hey gained a mere 1% a year versus an ...

Why investors always underperform the market

In this context, it would be interesting to go through a study conducted by Dalbar Inc, a US-based financial services market research firm, to determine how ...

Financial Advisers Prepare For New 401(k) Reporting Rules

Earlier this year, Dalbar Inc., a Boston-based retirement services study group, ... Increased awareness of fees, Dalbar predicted, could create downward ...

How to Play Defense Against Volatility in Your Portfolio

According to Dalbar, Inc., the average investor had an annual return of 2.6 percent from 1991 through 2010. Let this sink in. Since the average rolling ...

Keep a cool head – put a lock on greed

As Mel Kenny of Radcliffe & Newlands notes: “Research by Dalbar (July 2008) found the average annual stock market return between 1988 and 2007 was 11.6 per ...

The Key To Better Returns

Financial services market research firm Dalbar has surveyed individual households for more than 20 years and created their Quantitative Analysis of Investor ...

Real Investors Lag Indices

Pritchard relied on the annual Dalbar study, which consolidates data from the Investment Company Institute, and is availble for investment advisers as a way...

Bank reps seen as “pushy”, sales focused

... clients and bank staff continues to be largely product-driven, rather than focused on assessing client needs, according to the latest survey by Dalbar. ...

Top 5 banks' client experiences still heavily product-driven

Dalbar mystery shoppers and analysts conducted 200 unique visits in different ... This methodology, combining both the client perspective and Dalbar...

Dalbar Announces RF(TM) Curriculum for IRA Advisers

Connected to the RF(TM) for IRA is Dalbar's compliance for advisers and compliance oversight. The compliance for advisers is the technology needed to ...

A Contrarian Approach I Learned From Seinfeld

The author starts off chapter three, after the aforementioned and appropriate Seinfeld reference, with a study by Dalbar Inc. showing the returns ...

40% of Advisers Support Wall Street Protests

"That split is really surprising," says Louis Harvey, chief executive of financial services market research firm Dalbar, tells InvestmentNews. ...

The Real Bear Market: When you count inflation, investors are still in the red

According to the definitive study by Dalbar Inc., largely thanks to poor timing the average investor has underperformed the Standard & Poor's 500 index by ...

Retirement Calculators Threaten Your 401k Plan

In fact, Lou Harvey, CEO of Dalbar, Inc. asserts; "Continued efforts since 1996 to help participants make informed decisions through educational sessions ...

Advisers split on Occupy Wall Street

“That split is really surprising,” said Louis Harvey, chief executive of financial services market research firm Dalbar Inc. “Increased regulation on banks ...

Despite Pain, Encourage Clients to Stay the Course

That we typically aren't psychologically strong is reflected by the numerous studies (most prominently the annual QAIB from Dalbar) that show us ...

Your Plan: Don't Let Market Swings Affect Investments

Each year the research firm Dalbar does a study that compares the returns investors really receive on stocks, compared with the earnings of the stock market ...

Bank of America Merrill Lynch Introduces 401(k) Enhancements to Meet the Evolving Needs of Employers and Employees

Benefits OnLine received the 2010 Dalbar Web Seal of Excellence. Dalbar examined 45 websites tailored to Defined Contribution plan participants. ...

Are You Ready To Enroll? Six Easy Tips from Cigna to Use Now When You Sign Up for Health Care Benefits

... mycigna.com; an overhaul of the customer Explanation of Benefits (EOB) which was recently recognized with awards for excellence by Dalbar, Inc. and The ...

Dalbar and T-Base Help Move Accessibility Forward within the Financial Industry

Both T-Base and Dalbar share a high level of commitment and understanding of quality statement design. This is the second collaboration of 2011 between ...

Money Management Executive Announces 2011 Fund Operations Award Winners

... principal and managing director of Dalbar; Robert L. Williams, chairman of HengTian Services and Insigma HengTian Software; and William Young,...

 

401(k) Conspiracy - How Companies & Employees are Being Robbed by Wall Street While the Government Looks the Other Way

Subtract conflicts of interest (which Wall Street routinely provides), and investor behavior, which Dalbar's Quantitative Analysis proves year after year is ...
 

Where's Your Compensation Heading?

And he's asked SEC head Mary Schapiro to back off even though she wants to pursue fiduciary status for brokers,” says Lou Harvey, who as president of Dalbar ...

Here Comes A New Fiduciary Designation

And the Registered Fiduciary (RF) standard came out earlier this year under the auspices of Dalbar Inc., a Boston-based financial services market research ...

Putnam Investments Becomes First Mutual Fund Company to Utilize Smart Phone Codes on Shareholder Statements

In January, the firm was honored for the 21st consecutive year with a Dalbar Service Award for providing industry leading service to shareholders and ...

ANALYSIS: Translating Gobbledygook from Health Insurers

In a recent national sampling of 34 insurers' EOBs by Dalbar,... In a Managed Healthcare Executive story about Dalbar's survey last year, Kathleen Whalen, ...

New rule shakes up 401(k)

A possible 'can of worms' on plans' expenses will affect employers, workers.

Stock market swings rattle individual investors

Latest woes come after stinging losses to retirement plans in 2008, but financial advisers say best strategy is to ride it out.

Insight: The madness of Wall Street

For the 17th time in as many years, Boston-based research firm Dalbar found that the 20-year returns realized by mutual fund investors lagged the markets ...

Financial matters

The penalty for bad decisions measured in dollars. Dalbar Inc.'s study, titled "The Quantitative Analysis of Investor Behavior," also shows us what happens when poor investment decisions are made. ...

Investors Far from Rational

Yet US-based financial industry researcher Dalbar Inc says investors generally abandon investments at inopportune times, often in response to bad news. ...

Great-West Retirement Services® Releases a Comprehensive Template That Surpasses New Fee Disclosure Requirements

Nelson said Great-West engaged Dalbar, Inc., a noted industry ... In contrast, Dalbar is an independent third party that doesn't have a vested interest in ...

After the Downgrade: 5 Moves to Make Now

According to the latest Dalbar study, the average stock mutual fund earned a little over 9% a year over the last 20 years while the average stock fund ...

Parental Financial Guidance

But investors seem to consistently time the market badly, buying high and selling low - a recent study by Dalbar, Inc. found that in the 20 years ended Dec. ...

Mortgage vs. RRSP -Which Should Come First?

There is widely cited study called Dalbar 's Quantitative Analysis of Investor ... The latest Dalbar study showed that over the 20 years that ended December ...

It may pay to ask which share class your employer has picked for its 401(k)

The information probably will surprise 72 million 401(k) investors, according to a report by Boston-based Dalbar, which rates investment-related firms. ...

Childhood Impulse Control Determines Adult Success

Consider a recent study by Dalbar Research: In a given 20-year period, the S&P 500 returned 13% annually. By extension, a self-controlled four-year-old ...

Why Most People Pick the Wrong Funds for Their 401 (k) and What You Can Do About It

According to the most recent Dalbar study, the S&P 500 Index returned an average of over 9% a year over the last 20 years while the average stock investor ...

Dalbar Creates Registered Fiduciary Program for 401(k) Advisors

Dalbar has introduced a registered fiduciary designation for 401(k) advisers, the 401(k) RF Designation, ...

The New Cash Hoarders: Smart or Not-So-Smart?

... points higher than the average investor who moved in and out of funds, according to a study from Dalbar, a Boston-based financial research firm. ...

Trying to Time the Market One Reason Most Investors Don't Make Money

Every year, I read the report by Dalbar, the Boston-based firm that has become the standard in quantitative analysis of investor behaviour.