Asset management

The firm anticipates the change will save its 1.5 million Admiral Shares clients roughly $71 million.

The development of new products, technology and the increasing prominence of ESG are top-of-mind among industry executives.

Climate change could cause economic damage that threatens their holdings.

Executives are focused on fresh products, emerging technology and the increasing prominence of ESG.

The partnership gives the world's largest asset manager access to a “growing but fragmented” set of RIAs, says an executive.

Data reported by the Investment Company Institute.

Industry headwinds from costs and fees remain as relentless as ever.

Distributors may be demanding more support in the areas of investor education, risk management and governance.

Recently, higher interest rates and stock market volatility have undermined gains.

Some were unable to access the firm’s website while the S&P 500 experienced its worst decline in nine months.