Portfolio

The group leader, advisor Lars Olson, had been with the wirehouse since 1994.

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.

These 20 mutual funds and ETFs here are home to roughly $45 billion in assets.

Policy changes could deprive some politicians of significant campaign funds.

Founder Nancy Davis says her recently converted long-only product reflects the direction of travel for the broader asset management industry.

Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.

The flood follows a strong Democratic showing in last week’s runoff elections in Georgia, which tipped the Senate’s control to President-elect Biden’s party.

The move is about “expanding access to high quality growth investing to non-accredited investors,” says Upholdings CEO Robert Cantwell.

Firms will up their tech investments and continue rewards and punishments designed to shape advisor behavior, says recruiter Mark Elzweig.