In the fund tracker's second round of measuring the ESG commitment of asset managers, it found that most fund companies rank near the bottom.
Self-directed investors are reaching thresholds that are starting to make professional financial advice more appealing.
After more than a year of working remotely, financial advisers and their clients are embracing the upside of virtual interactions and remote worksites.
The deal marks the 18th RIA transaction in the U.S. for the Toronto-based aggregator. The transaction is expected to increase CI’s total U.S. assets to $63 billion, and to $230 billion, globally.
Financial services companies have generally adopted remote work policies, but as offices reopen, the next issue becomes who is and isn't vaccinated.
A new Morningstar report presents proxy voting as a backdoor entry to ESG investing for retirement plan participants. As advocates pressure for simpler proxy voting procedures, retail investors could gain considerable leverage.
The Biden administration's record-setting government spending is seen as a path to higher inflation.
The largest independent broker-dealer hit record asset levels as the advisory business continues to drive growth. Advisory assets increased by 54% on a year-over-year basis.
The agency lending platform joins a compact group of less than a dozen companies that enable funds to lend securities to be sold short.
Financial advisers continue to recommend hefty cash reserves yielding almost nothing and losing ground to inflation, under the premise that safety trumps yield.
