Some argue that company-sponsored plans, viewed as the holy grail of asset management, are greatly in need of more options.
Plus: The Fed almost raised rates again, Neuberger Berman would rather fight than settle, and welcome to the worst kind of job interview
The category has had a strong year, but that doesn't scare some financial advisers.
Plus: Gold prices tilt toward a December rate hike, a new look at the 4% retirement rule, and big league pensions
Investors exit as the manager sticks to his guns.
No more commissions for 18 BlackRock ETFs.
Plus: Warren Buffett thumps Donald Trump on taxes, Russia drives energy ETF rally, and Ken Bone and his famous red sweater
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
The biggest threat to the financial advisory industry might be underestimating the risks posed by a hacker or computer virus, technology security experts say.
