Edward Jones is tops and Morgan Stanley Smith Barney LLC the worst in terms of financial adviser satisfaction at six national broker-dealers, according to a J.D. Power and Associates Survey released last Friday
F. William McNabb II is nervous. His firm, The Vanguard Group Inc., has been on a run lately
Glavin says firm is mulling possibility of converting mutual funds into exchange-traded funds; won't introduce 'clones'
Firm plans to reinstate charges when yields rise; for now, asset manager will 'forgo profitability'
F. William McNabb III has had an eventful time since he became president and chief executive of The Vanguard Group Inc. in August 2008
Standard & Poor's Financial Services LLC is bullish on large-cap stocks — and is giving a nod to Walden Asset Management, Invesco Ltd. and Brown Brothers Harriman & Co. as three firms that could produce top-performing large-cap mutual funds in 2011.
First Allied Securities Inc., Janney Montgomery Scott LLC and Raymond James Financial Inc. are among a number of broker-dealers preparing for a spike in financial advisers' use of firm-sponsored, fee-based money management programs if brokers are to be held to a fiduciary standard of care.
The American Funds Growth Fund of America (AGTHX), Pacific Investment Management Co. LLC's Total Return Fund (PTTAX) and American Funds' EuroPacific Growth Fund (AEPGX) are the three most popular mutual funds in the 401(k) market, according to research being released today.
BlackRock Inc. is looking to expand its services — rather than slash costs on funds — to lure advisers to its exchange-traded funds.
