Despite the economic uncertainty caused by the pandemic—or possibly because of it—US retirement account balances rose to record levels during the fourth quarter of 2020, as reported by Fidelity Investments. The firm said individual contributions to individual retirement accounts (IRA), as well as 401(k) and 403(b) retirement accounts remained strong during the last three months of the year.
After rebounding Friday to nearly erase a brutal mid-week slide, US stocks are facing more selling this week from trend-following algorithmic funds.
When Nelly Mubashi left UBS in 2008, she assembled the infrastructure needed to launch her own RIA from scratch. By 2015, industry colleagues kept asking how to replicate her model. Now RIA Innovations offers that blueprint as a turnkey platform—complete with transparent pricing, flexible contracts, and the kind of institutional support that didn’t exist when Mubashi made the jump herself.