Firm will repay $447,000 to clients it overcharged for more than seven years.
$4.7 billion funneled into US-listed funds in October was light compared to $23 billion or more during each of three previous months.
The broker-dealer lost 56 brokers and advisers in the third quarter, and not all of them low-producers the firm wants to shed.
Proposal would bar leveraged products from describing themselves as exchange-traded funds
As interest rates head higher, pushing bond prices down, advisers seek safety in individual bonds.
Funds that track areas like small-cap stocks and semiconductor manufacturers are seeing inflows.
Flows into two big exchange-traded funds tracking the S&P 500 were the highest in over a month.
Company plans to bypass record keepers and ask plan sponsors directly if they will offer its managed accounts to retirement plan participants.
By category, ranked by one-year total returns.
By category, ranked by one-year total returns.
In the financial services industry, free simply doesn't exist. It can't.
Asset managers struggle to get investors on board before it's too late.
Biggest ETF tracking the Nasdaq 100 has experienced five sell-offs so far this year.
Just last year, a new law lifted a U.S. regulatory ban on brokers putting buy or sell ratings on exchange-traded funds.
Amid rising rates and a stock sell-off, traders head to safety via routes like utilities and ultra-short fixed income.
Investors head out as bank earnings kick in
Criticism mounts but robo-adviser defends its strategy.
Some customers had a hard time accessing the mutual fund firm's website as stocks plunged.
Some reach out to clients who need hand-holding, while others see decline as opportunity to drum up new business.
