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Morningstar Settles Intellectual Property Lawsuit, Pays Business Logic $61 Million in Trade Secrets Case

CHICAGO – July 17, 2014 – Investment research and management firm Morningstar, Inc. agreed to pay $61 million to settle a lawsuit filed by Business Logic, a Chicago-based developer of financial software. Business Logic, the parent company of NextCapital, claimed that Morningstar and its subsidiary, Ibbotson Associates, violated a contract and took Business Logic’s intellectual property.

Am I Winning? Goldman's Top 15 Stocks

On June 23rd, 2014, Goldman published its Top 15 Stocks to Buy in the current environment. Are they winning?

See for yourself in our sharable portfolio. You can bookmark it and easily track performance updates over time. The picks are pretty recent, and are showing a small gain, and a positive alpha of +1.55% with 12 of the 15 stocks beating the NextCapital benchmark. (read more)

Are you in the 60-80% Club? Hopefully Not

What do we mean by underperformance? The average investor’s returns are documented to be 60-80% of the returns an investor can achieve in passive index mutual funds/ETFs. Even invested in index funds, investors can underperform by re-allocating at the wrong time to chase asset class performance. Investors need to know their performance and their alpha in order to make sure they aren’t consistently in the 60-80% club and, thereby, leaving massive dollars on the table. But 99% of them don’t know.

NextCapital Launches Portfolio Dashboard For MarketWatch

We are pleased to announce the launch of the new NextCapital.com portfolio dashboard for MarketWatch.

This new NextCapital.com portfolio dashboard is available to all eight million monthly MarketWatch readers as a central place to organize, analyze, and manage their entire portfolio, with the added benefit of personalized news and commentary from across Dow Jones news services.

NextCapital: A New Leader In The Digital Advice Market

Chicago, IL- Today, we are pleased to announce the launch of NextCapital Group, Inc. (NextCapital), a next-generation digital advice service delivering personal, world-class, and affordable advice and portfolio management to all households.

NextCapital is the result of the recent combination of Business Logic Corporation and the NextCapital Group. The team has devoted more than ten years building out its industry-leading “open engine” advice, account aggregation and Defined Contribution (DC) managed account platform. NextCapital currently services over 50,000 clients and analyzes more than $22 billion in investor assets every day.