Institutional investors are over-diversifying and taking on too much uncompensated risk, leaving them with expensive index portfolios.
Vanguard, BlackRock and State Street still command about 79% of all U.S. exchange-traded fund assets, but that's down from 91% in 2006.
Chair Jerome Powell said ‘we still have some ways to go’ after the FOMC raised its benchmark rate to a 4.25% to 4.5% target range.
This market is triggering some tricky math for nontraded REITs, and it's the bean counting behind proration that could prove tormenting.
Offerings of the obscure, yet historically significant, financial product have been popping up in the global retirement marketplace of late.
CFP Chair Kamila Elliott said the current political environment would make it too difficult to obtain legal recognition of financial planning.
The defendants allegedly disseminated false and misleading information to their collective 1.5 million Twitter followers to hype interest in certain securities while secretly planning to sell shares at artificially elevated prices, the DOJ charged.
The firm used two locations to store phone records, which caused a confused response to Finra document requests in investigations, according to the regulator.
The existing Stewart investment team, including founder-strategist Bill Stewart, will stay on after the acquisition.
Erman Retirement Advisory, which was founded in 2000 by Howard Erman, serves more than 200 clients.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Falling markets are cutting firms' revenue tied to AUM at the same time rising interest rates are making it more expensive for buyers to finance deals.
This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
A PSCA study shows plan participant and employer contribution rates in 2021 combined to produce an average savings rate of 13.9% of pay, an all-time high.
The money pouring into digital assets has attracted the attention of criminals.
Gautam Arora allegedly defrauded four victims out of $100,000 to secure investments that didn't exist.
Trovata will host the Morgan Money corporate investing and trading solutions.
With the outlook improving for stocks and bonds next year, the percentage of a nest egg that retirees can safely start withdrawing from savings has increased to 3.8% from 3.3% in 2021, according to a Morningstar report.
Howard Kaplan is affiliating through indie Riegel Financial in Ohio.
The panel will conduct the first comprehensive assessment of the education, examination, experience and continuing education requirements related to the CFP mark.
