Pilot raised more than $9 billion last year along with hopes for more direct-to-consumer fund sales.
Paul Kim to build and develop the strategy but whether firm plans to launch exchange-traded funds remains to be seen.
The firm's focus on cost-conscious, fee-based advisers has been a winning strategy.
Brokerage platform will use asset-allocation strategies of disputed merit with retail clients.
The old guard of wealth management clashed with the new as Ric Edelman delivered a bleak assessment of his peers' future during a spirited debate with Adam Nash, the top executive at Wealthfront.
The SEC intends to approve an application by Capital Group, parent of the third-largest mutual fund company, to offer ETFs.
Money manager set to launch new strategy as “smart” way to dodge investment risks as rates rise.
Move launches competition with Goldman Sachs in alternative space
Low usage reflects widespread lack of familiarity with the investments.
As industry turns to smart beta to capture growth, product developers may need to step up stress testing.
Rock star portfolio manager's new addition is the 26th exchange-traded fund launched this year but is possibly the most important as test of active management.
Exchange-traded funds are exceptional tools for allocating client portfolios, but they can lose their effectiveness if implemented incorrectly.
Largest ETF firm wins victory in case questioning its lucrative securities-lending business.
Four new funds not for the faint of heart or buy-and-hold investors.
Boston mutual fund and brokerage giant increased its earnings by 29% last year despite surging investor redemptions of its mutual funds.
Massive investment firms look to tackle a growing theme in fund management.
Baltimore-based mutual fund manager takes big step toward a popular product.
In trying to capitalize on the news of mergers and acquisitions, hedge funds are being outdone by an exchange-traded fund clone.
The vast majority of these funds are new, and they require scrutiny in context of other assets.
Adviser-sold fund giant starts to see some flows after pressing view that active management, especially for retirement goals, works.