News

ESG bond fund growth beats stocks after COVID-19 boost

Funds that buy debt backing sustainability matters grew 12% from the end of 2019 globally, reaching a record $209.5 billion of assets, data show.

ERISA lawsuit filed against Nvidia; suit against Cornell settled

Law firm Capozzi Adler filed its latest 401(k) suit and Schlichter Bogard & Denton reached a deal in a case against an Ivy League school

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Schwab custodial services, Fidelity models on Orion platform

Orion is also rolling out new marketing tools and automated proposal systems for its network of advisers

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Stocks fall, led again by big tech

Equities ignore the upbeat jobs report to focus on whether tech stocks have become overvalued

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Help clients dodge a nasty December tax surprise

Waiting until year end to factor in portfolio volatility is risky business.

The Two Estate-Planning Documents Clients Need for College-Bound Kids

The pandemic has underscored their importance.

What is a Personal CFO?

It may just be the essential part that is missing in your clients' moneymaking machine.

SEC charges California fund owner with running Ponzi scheme

Steven Brown of Alpha Trade raised approximately $7.5 million from investors

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Hedge fund founder Kamensky arrested and charged in Neiman bid

After an SEC lawsuit, Dan Kamensky now faces criminal charges including securities fraud, extortion and obstruction of justice.

Jobless rate drops more than expected, to 8.4%

The labor market showed gains for fourth month in a row in August, with nonfarm payrolls growing by 1.37 million

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Eliminate Headaches and Build Your Reputation by Being Picky in Choosing Prospects

Advisors in growth mode need to be careful about being blindsided by prospects who look good on Zoom but turn into difficult clients.

Amid COVID-19 Uncertainty, Public Markets Are More Important Than Ever

As your clients reevaluate their investment priorities, you have the opportunity to match them with public sector companies that are positioned to emerge successfully on the other side of this pandemic.

Riskalyze Fintech Report Card: August 2020

Riskalyze CEO Aaron Klein gives the thumbs-up or thumbs-down on the biggest news to hit advisor technology in the previous month.

eMoney Reveals Its New Mobile Financial Wellness App: Incentive

Project Avocado is toast. eMoney is coming out of stealth mode to reveal its new financial wellness app.

Reframing Social Security claiming decisions

Focusing on benefit size rather than claiming age can improve outcomes

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JPMorgan now home to the biggest actively managed ETF

JPST, which tracks investment-grade securities maturing in a year or less, has attracted over $3.7 billion in flows this year.

Court unseals criminal case against former rep Phillip Conley

The West Virginian is being charged with fraud in $5.2 million securities offering

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Smart-beta funds don’t live up to the backtesting

An academic study finds strategies that outperformed on paper disappoint once they're packaged as ETFs

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DOL Fiduciary Proposal Critics Say New Rule Would Cause Client Confusion

Critics and supporters of the Labor Department's fiduciary exemption proposal spoke during an all-day virtual session.

Inside JPMorgan’s strategy to hire hundreds of remote advisers

Since the onset of COVID-19, investors have become increasingly comfortable receiving advice through videoconference or phone calls

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