Given the thin margins in the retirement business, firm says it was justified in cutting deals with money managers to boost profits.
Momentum is on the side of legalization at the federal level
Historic revamp underscores failure of bank's CEO and predecessors to reverse slide in profitability.
Changes to forward-looking analysts' ratings could lead to more downgrades than upgrades
The funds have returned more than 30% so far this year, but will investor enthusiasm wane?
Defunct funds were a casualty of the fee war going in the market for exchange-traded funds.
Nearly half of all large-cap active funds are beating the benchmark this year.
Proponents, however, say products provide portfolio balance for retirement savers.
Kristofor Behn and his firm, Fieldstone Financial Management, charged with fraud.
Jason Sugarman is alleged to have directed a fraudulent scheme involving Native American tribal bonds.
Some $30 trillion is tied up in difficult-to-trade investments, the Bank of England's Mark Carney noted earlier this year.
Avantis Investors has an independent look, but has plenty of support from American Century
Investors have poured $72 billion into fixed-income funds so far this year amid fears of a slowdown.
Turnkey asset management platform says it's seeking to raise $100 million in an initial public offering.
The tribe claimed it was unaware of the $11 million in commissions paid to a former Purshe Kaplan Sterling broker.
LedgerX won approval to offer bitcoin spot and physically settled derivatives contracts to clients of any size.
Wirehouse advisers fear that they'll have less access to fixed-income investments in the independent space, but the opposite is true.
GPB paid commissions of 9.3%, or $167 million altogether, on the firm's private placements.
While Vanguard denies reports it is jumping into the space, there is appeal among some investors for noncorrelated fund options.
One has dropped by 25.4% and the other by 39%, according to the company.
