Make a move.
Compared to previous years, advisors who switched firms were much more likely to be younger, female, and manage more assets, according to Fidelity Clearing and Custody Solutions’ third bi-annual study on advisor movement. The res...
(Bloomberg) -- More than a thousand former Bernard Madoff customers were dealt a blow in their fight to keep $875 million in fake profit from the con man’s Ponzi scheme out of the hands of a trustee unwinding his firm...
Some go up, some go down.
Asset-weighted average fees across all U.S. mutual funds and ETFs fell from 0.64 percent in 2014 to 0.61 percent in 2015, according to a new report from Morningstar. But the research firm suggests the decline is not ...
As head of acquisitions for United Capital, I’ve worked on dozens of transactions involving wealth management businesses over the last decade. Selling firms are often led by incredibly capable entrepreneurs, but I’ve observed a...
Federal Reserve policy makers signaled they’re open to raising interest rates in June, nodding to improvement in global financial markets and downplaying recent weakness in the U.S. economy...
(Bloomberg) -- Pacific Life Insurance Co. agreed to buy Cadence Capital Management, adding $4 billion in assets under management and expanding into smart-beta investing, which weighs metrics beyond market capitalization when picking stocks...
(Bloomberg) -- A long-delayed plan that’s supposed to help U.S. regulators get to the bottom of what causes stock-market disruptions is getting a renewed push...
