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Advisors say they’re allocating assets based on client objectives, but they likely are not, according to SEI’s survey.
July 22 -
Investors wary of an intensifying trade war have piled into the firm's bond products, boosting net flows to $151 billion, according to the company.
July 22 -
On the wealth management side, Morgan Stanley posted $4.41 billion of revenue, which was 2% higher than last year and blew away analysts’ estimates for a 9% decline.
July 22 -
The company’s behavioral science unit discovered website-related elements encourage employees to save more.
July 19 -
While some firms have been successful at leveraging technology to scale sales and marketing processes, others have failed.
July 19Synthesis -
James Gorman dismissed any speculation after the unit posted record revenue and pretax profit in the second quarter.
July 18 -
A search for returns in less liquid assets may blur the transparency of real portfolio value.
July 18 -
The correlation between fees and performance is not “apples-to-apples when taking the funds’ underlying exposures into account,” an expert says.
July 17 -
The beleaguered bank has suffered from attrition since a fake accounts scandal rocked the firm in 2016.
July 17 -
The bank has been slashing expenses, but executives acknowledged they remain high. Between having to hire thousands of compliance employees and waiting on the next CEO to be named, investments in new technology or other long-term growth are limited.
July 16