Easy money is an addiction we must curtail.
Asset management firms enter a whole new world.
Independent advisors transformed an industry by putting client needs first.
Successful investing is about accumulated insights, not panaceas, writes Morningstar's Don Phillips.
Investors, acting as owners, demand to be heard.
Most of the industry’s worst moments involve fixed-income funds.
Removal from the investment process is nearly complete.
The star rating creates the incentives we all want fund managers to have.
These innovative strategies are actually behind the times, writes Morningstar’s Don Phillips.
Better standards align manager incentives with shareholder interests.