Stocks in the U.S. have marched higher for more than six years now, making this one of the longest “bull markets” in history.

Most of the country’s largest pension plans hire consultants to help them pick winning managers. They assume, of course, doing so will lead to better results. Evidence to validate this assumption has been unavailable, until now.

Coordination between an investor, investment advisor, and an estate attorney can help turn what can be a complicated puzzle into a plan.

Every year, part of a diversified portfolio is guaranteed to underperform. Indeed, periods of pain and regret are the norm when a portfolio is properly diversified.

While most funds in a typical Vista portfolio saw little to no year-end capital gain distributions, many mutual fund shareholders found themselves on the receiving end of large tax bills.