Starting Jan. 1, Fidelity will lower to $30, from $40, the standard pricing for a buy or sell transaction on its FundsNetwork platform, a 25% saving. But the custodian is also raising buy fees by 25% to $50 on five fund families, including the popular offerings from the Vanguard Group Inc.
Analysts may have to examine less than three years' performance.
Growth-oriented stock pickers beat their benchmarks, but how long will it last?
Craig Gordon, the No. 2 executive at RBC Correspondent Services, has left the clearing firm.
Fidelity is even broadening its recruiting efforts to high school students
Suit on behalf of 1,200 black brokers claimed discrimination in business opportunities.
Deal brings the firm's assets under management to $8.2 billion
Regulator says a decision will come in November.
Mariner Wealth Advisors gains majority stake in New Jersey firm with $817M in assets.
The <a href="http://www.investmentnews.com/article/20140310/FREE/140319990">proposed Finra bonus disclosure rule</a>, which could curtail the size of mushrooming recruiting packages, exposes a chasm in the advisory industry, pitting smaller broker-dealers against large wirehouses and RIAs.
