Industry News

Advisor Upside

Sinking Fees Are Creating ‘Leaky Boats’ for Asset Managers

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Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.

1 min read

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Advisor Upside

Fiduciary Ad Campaigns May Be Hitting Home

More than 6 in 10 retail clients said they are now considering paying for professional advice, according to research from Cerulli.

2 min read
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Advisor Upside

Latest ETF Taps AI Versions of Buffett, Druckenmiller

Intelligent Alpha launched a new ETF that leverages AI large-language models to mimic some of the world’s best stock pickers.

2 min read
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Advisor Upside

Edward Jones Trims Fees for Mass Affluent Clientele

Edward Jones, one of the nation’s largest brokerages, is shaving fees for mass affluent clients come October — albeit by just a hair.

2 min read

Advisor Upside

UBS Looks to Tap India’s Private Wealth Market

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The Swiss bank UBS reportedly wants in on the wealth market in India and is considering buying a stake in a local firm to give it a foothold.

2 min read

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Advisor Upside

Morgan Stanley Converts Mutual Funds into First ‘Pathway’ ETFs

Morgan Stanley is bolstering its ETF suite by converting two mutual funds into exchange-traded funds under the Morgan Stanley Pathway brand.

1 min read
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Markets

Can a Texas Stock Exchange Really Lock Horns with Wall Street?

The Texas Stock Exchange is hoping to become the center of a new financial mecca in the Lone Star state when it launches next year.

4 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Advisor Upside

FINRA Cases Hit Record Lows. Warren Wants Answers

FINRA enforcement cases plummeted last year, sliding to the lowest level in the agency’s history, which caught the eye of Elizabeth Warren.

2 min read

Advisor Upside

Schwab Eyes Financial Advice as Cash Sweeps Dry Up

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The online brokerage has long relied on bank revenues, like cash-sweep programs, but executives are now leaning into wealth management.

2 min read

Advisor Upside

SEC Sends Message Over Off-Channel Communications

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Advisory firms are having to pay hefty fines if they get caught discussing business matters on personal devices.

1 min read

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