Financial advisor news, market insights, and practice management essentials.
JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.
A new CFP Board ad campaign targeting college students and high schoolers missed the mark among members. That might be the point.
The average New York City securities salary dropped 5.2% in 2023, mostly due to smaller bonuses, marking a drop from the pandemic highs.
The election is quickly approaching, and some researchers are looking to the largest indexes for clues about the outcome.
New ETF launches are using sophisticated strategies that were once only available to the wealthy to help clients defer capital gains tax.
Fintech’s Facet and Quartr raised a collective $41 million, highlighting robust enthusiasm for the industry.
As the NFL opens up investments from private equity firms, new funds may help clients invest in their favorite teams.
The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.
A Morningstar report found that 45% of Americans will experience retirement-funding shortfalls, motivating some to work into their 70s.
Charles Scwhab’s next chief executive Rick Wurster looks to continue the legacy of current CEO Walt Bettinger.
The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.
The $17 billion financial firm fired chief executive Dan Arnold for allegedly violating the company’s code of conduct.
Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.
Vanguard CEO Salim Ramji sees massive opportunities in active fixed income, and said it will play a larger role in retirement saving.
TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.
Texas Capital’s MMKT will look to capture inflows into the $6.4 trillion money market industry.
The SEC has dished out more than $3 billion in fines regarding off-channel communications, with another 11 firms getting dinged this week.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.
More than 6 in 10 retail clients said they are now considering paying for professional advice, according to research from Cerulli.
