Wednesday, November 20, 2013

Mutual Fund Roulette: Will Your Clients Outlive their Mutual Funds?

This was a really interesting discussion. 

Tim McCarthy is former president of Schwab (also ran an asset management firm in Japan and worked as an executive for Fidelity Advisor Services). 

Dan Kern is a longtime asset manager who logged time at Schwab and Montgomery Funds (now president and CIO of Advisor Partners). 

In this one-hour webinar, they announced announced new research that will help you determine when mutual funds are likely to merge or die out entirely (never a good thing they say). I served as moderator.

You can access the recording and the corresponding white paper (research findings) free via the BrightTALK thought leader channel:


  1. What do you mean by outlive their investment? I use and i would like to know the answer to this!

  2. Hi Etahn, It doesn't matter where you buy your mutual funds. The truth of the matter is that many mutual funds will die out before you do. The authors of this research report (both are long-time investment professionals, neither of whom sell mutual funds) say that its never a good thing when mutual funds merge or die out. You can listen to the webinar recording, download the research report, etc. by clicking the link above. If you want to read a good book on the subject, go to Amazon now and buy Tim McCarthy's book due out Feb 4, 2014 "The Safe Investor: How to Make Your Money Grow in a Volatile Economy."