As competition rises, more firms are cutting trading fees. CLS Co-director of Research & Senior Portfolio Manager Kostya Etus discusses how this can help investors and what it means for the industry as a whole. Plus, a review of what has helped and what has hurt CLS performance. This week’s guest is Chris Romano, Quantitative Portfolio Risk Manager of Orion. Chris explains how direct indexing can provide potential benefits to investors seeking tax management. Also, how theme-based funds can provide a better investing experience.