The SEC has been cracking down on disclosures surrounding payments by funds to broker-dealers and RIAs. The agency launched an initiative in February 2018 to target advisory firms that recommended high-fee mutual funds.
The two titans of growth and value investing said investors don't need to worry yet about a stock market bubble, and that the financial services industry is ripe for disruption.
James Katz tailors his RIA, Humankind Investments, to serve clients who place the greater good at the top of mind.
The deal would be a big one, given that State Street Global Advisors, the bank's asset management unit, has about $4 trillion in assets.
Draft legislation from Senate Finance Committee Chairman Ron Wyden of Oregon would end a system of deferred taxes on capital gains linked to ETFs.
Municipal bond exchange-traded funds have attracted a record amount of cash this year as investors try to shield income from potentially higher levies under the Biden administration.
A report shows that the ESG investment category 'got lucky' by benefiting from high-profile climate disasters.
As investor demand grows, advisers are realizing they need to step up their ESG game.
The Investment Company Institute says 25 cents per emailed document is excessive and hurts investors. Broadridge, a fintech firm that sends most proxies and other material to fund shareholders, asserts its system reduces costs for investors.
All of the asset manager's new exchange-traded funds integrate sustainable investing criteria, with three investing in equities and two focusing on fixed income.
Adapting to the changing climate also includes taking into account advances in technology, such as in medicine, energy, transportation, space travel, artificial intelligence and computing. We need to analyze our current investments and consider updating our portfolios.
ESG ETFs have investments related to solving social issues in the country such as racial disparities and better health care.
The funds will be made available for clients of its robo-adviser Personal Advisor Services through advised portfolios as part of a five-fund active equity offer.
I thought we were all supposed to be free-wheeling capitalists in the financial advice industry — unless you recently worked for mutual fund giant American Century Companies and at least one of its local competitors.
One big basket of shares can easily look a lot like the next. But a catchy or memorable moniker can help a fund stand out.
The average expense ratio on funds last year was less than half of what it was in 2000, according to Morningstar's annual study of fund fees.
More than half the climate-themed funds reviewed by a nonprofit failed to live up to the climate goals set out in the Paris Agreement, while just over 70% of funds promising ESG goals fell short.
Executives at the 90-year-old asset manager have high hopes for building out Capital Group as a global ETF brand, with designs on a $500 billion business.
The sponsor of the American Funds mutual fund family will release six fully transparent exchange-traded funds in the first quarter.
Identifying skilled managers is difficult, and plan sponsors should be careful about choosing active management, an online book from the CFA Institute Research Foundation notes.
