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3 lessons advisers can learn from the Midwest flooding
YOUR PRACTICE PRACTICE MANAGEMENT MAR 27, 2019
3 lessons advisers can learn from the Midwest flooding

Disasters show us the importance of preparing for the unexpected and knowing what to do when life throws you a curve ball.

Bots are forging the next generation of index funds
YOUR PRACTICE FINTECH MAR 26, 2019
Bots are forging the next generation of index funds

At least 20 funds now claim to use artificial intelligence as a building block.

SEC lifts hiring freeze, lowers pay raises
NEWS REGULATION AND LEGISLATION MAR 22, 2019
SEC lifts hiring freeze, lowers pay raises

Current employees will be getting pay increases averaging 2.4%, which smaller boost than previous years

BlackRock invests in pot stock
INVESTING MUTUAL FUNDS MAR 22, 2019
BlackRock invests in pot stock

Five of its funds are the largest institutional investor in Curaleaf, which recently struck a deal with CVS.

Treasury cuts penalties for taxpayers confused about withholding
NEWS REGULATION AND LEGISLATION MAR 22, 2019
Treasury cuts penalties for taxpayers confused about withholding

The government's second reduction in the penalty threshold this year comes as 2017 tax overhaul leaves many with surprise tax bills.

Warren, Brown ask regulators to oust Wells Fargo CEO Sloan
YOUR PRACTICE PRACTICE MANAGEMENT MAR 22, 2019
Warren, Brown ask regulators to oust Wells Fargo CEO Sloan

The two senators call on the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau to remove Sloan from the bank's top job

Wells Fargo hits more bumps as it tries to move past scandals
NEWS WIREHOUSES MAR 21, 2019
Wells Fargo hits more bumps as it tries to move past scandals

Judge puts off approving a settlement related to bank's fake accounts, and Fed chairman Powell says Fed not ready to lift growth ban.

As cash-back ETF hits funds market, signs of trouble appear
INVESTING ETFS MAR 20, 2019
As cash-back ETF hits funds market, signs of trouble appear

Index funds have exploded into a $7 trillion industry, but the sector now faces slower asset growth and declining revenue from fees.

Goldman to buy S&P portfolio unit to boost ETF sales
INVESTING ETFS MAR 19, 2019
Goldman to buy S&P portfolio unit to boost ETF sales

Acquiring the Investment Advisory Services unit gives Goldman a way to market its ETFs via model portfolios.

Saudi Arabia global ranking boosted by ETFs in US, UK
INVESTING EMERGING MARKETS MAR 19, 2019
Saudi Arabia global ranking boosted by ETFs in US, UK

ETFs based in London and New York together attracted around $327 million in new money since January.