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Bloomberg
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Making diversity intentional is first step to boosting inclusion
YOUR PRACTICE PRACTICE MANAGEMENT SEP 22, 2018
Making diversity intentional is first step to boosting inclusion

Diverse fintech firm offers advisers a lesson on how to be competitive for top talent.

Employer-based rainy day fund could help employees save for retirement
RETIREMENT RETIREMENT PLANNING SEP 21, 2018
Employer-based rainy day fund could help employees save for retirement

Americans interested in hypothetical emergency savings program offered by employers.

Invesco said to be in talks to purchase OppenheimerFunds
INVESTING MUTUAL FUNDS SEP 21, 2018
Invesco said to be in talks to purchase OppenheimerFunds

MassMutual's sale of the unit has been estimated to fetch $5 billion.

Calls mount for investors to sell high-yield munis
INVESTING FIXED INCOME SEP 20, 2018
Calls mount for investors to sell high-yield munis

The return this year on high-yield state and government debt is about twice that on corporate junk bonds.

Prime money market funds stage a comeback
INVESTING MUTUAL FUNDS SEP 20, 2018
Prime money market funds stage a comeback

Higher rates are luring investors back to the funds, which saw a mass exodus just a couple of years ago.

Orthodontists aren't smiling about teeth-straightening startups
RETIREMENT RETIREMENT PLANNING SEP 20, 2018
Orthodontists aren't smiling about teeth-straightening startups

Companies like SmileDirectClub will correct misaligned teeth for much less money.

Wells Fargo chair denies rumors bank is seeking to replace CEO
NEWS WIREHOUSES SEP 20, 2018
Wells Fargo chair denies rumors bank is seeking to replace CEO

News report claimed the board had talked to former Goldman exec Gary Cohn about the job.

Wells Fargo plans to cut staff up to 10% within next three years
YOUR PRACTICE PRACTICE MANAGEMENT SEP 20, 2018
Wells Fargo plans to cut staff up to 10% within next three years

Bank is struggling to cut spending amid regulatory fines and higher legal costs stemming from scandals.

Former CEO of AllianceBernstein raises $4 billion to launch fund company
INVESTING MUTUAL FUNDS SEP 20, 2018
Former CEO of AllianceBernstein raises $4 billion to launch fund company

New fund company will link manager pay and investor fees to fund performance.

Investors pour money into ETF ahead of index reorganization
INVESTING ETFS SEP 19, 2018
Investors pour money into ETF ahead of index reorganization

Impending change benefits State Street's communications exchange-traded fund.