News

First ETF tracking $700B CLO-market starts trading

Industry veterans have warned that packaging the loans into funds that are easily accessible could pose a risk to retail investors unfamiliar with collateralized loan obligations.

The Most Heavily Traded ETFs in the Past Month

Funds focused on gold, silver and technology saw the most action over the past 30 days.

Captrust acquires retirement business of Plante Moran

Deal for Michigan-based unit adds $6.27 billion in institutional assets

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Cambridge Hires API Consultants From INVENT To Redesign Tech

The independent broker-dealer is the first to use both consulting and tech solutions provided by Oleg Tishkevich's fintech upstart, INVENT.

Merrill Lynch curtails asset managers’ perks for advisors

The free lunches are over. Sort of.

Hybrid wholesaling coming for the 401(k) market

What the trend means for retirement plan advisers

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UBS will boost fees to get clients out of costly cash

Firm is trying to reduce cash holdings amid persistently negative interest rates

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Social Security insolvency — and lower benefits — could arrive sooner than expected

Threats to the program are multiplying and the coronavirus pandemic is accelerating a reckoning, according to a new analysis.

Biggest funds with the best 10-year returns

Despite some impressive short-term gains, more than half underperformed their peers over the decade.

Cetera Lands $100M Falkner Financial Advisors

The five-employee multi-generational family-run advisory firm serves investors in Alabama.

Tennessee Advisory Firm With $383 Million AUM Joins Baird

The addition of The Parker Group, which joins Baird from Morgan Stanley, marks the 11th private wealth management office in the state for the wealth management firm.

Tech Decisions For 2021 Start To Add Up

To spend or not to spend, that will be the question asked by all advisors looking at their 2021 tech budgets.

Wells Fargo Advisors puts limits on dining with clients

The firm joins Merrill Lynch in revamping policies around client perks

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Until Reg BI enforcement starts, we’ll have to take brokers’ word it’s working

Or you can rely on state securities regulators to provide data about advice reform

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The Ten to Watch in 2021

The individuals set to make an impact on wealth management in 2021.

An inside look at Envestnet Tamarac’s tech strategy

Andina Anderson talks about the company's focus on multigenerational tech adoption and reflects on her career as a female fintech leader

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Who Is On Your Radar?

We’re betting that the folks here will, in their own ways, have some outsized influence on the industry in the years ahead.

Ten to Watch in 2021: Caroline Crenshaw

Should Joe Biden win the president election, Caroline Crenshaw will likely have an expanded opportunity to help guide the agency’s priorities.

Building a better asset management industry requires more women and minorities

Asset management is a 'great career for women' from logistics perspective, speaker says

The post Building a better asset management industry requires more women and minorities appeared first on InvestmentNews.

Ten to Watch in 2021: Phuong Luong

The 34-year-old is heading Adasina Social Capital, a new initiative from Robasciotti & Philipson that seeks to make its custom social justice index and other investment strategies more accessible to the general public.