Women control $14 trillion of assets in the U.S., but they're underserved by financial advisers, says Merrill's Sieg
A 10-basis-point tax on financial transactions would have the same effect as a 31% boost in the average expense ratio 401(k) plans pay for equity funds.
Provision of the 2017 tax overhaul lets investors pay less in taxes on profits that are reinvested in low-income communities.
State Street and DWS Group have also quietly cut fees on high-yield bond ETFs.
Transaction is part of Wells' effort to streamline its operations in the wake of scandals.
Precidian Funds has been waiting four years for the agency's approval
'Credit Exchange' will enable advisers to offer pre-qualified loans to clients.
The bank's biggest shareholder says hiring an executive from a financial institution would trigger criticism from Washington, Financial Times reports.
Employee for advertising agency Publicis claims the record keeper received undisclosed payments from other fund companies.
As Mom and Pop abandon the big tech companies, many are buying cannabis companies.
