Finance

Its purchase includes the manager’s mutual fund and ETF businesses.

The New York aggregator’s performance to date “will make it easier for other RIAs to go public,” says industry analyst Chip Roame.

Both already use the fintech company’s technology to market their products to advisors.

“I admit I’m nervous about how our clients will react,” AQR's Cliff Asness wrote following the worst run in global equities in six years.

The 4,300-advisor network is investing in insurance distribution after benefiting from rising interest rates and record client assets.

Sentieo is a financial research platform that allows analysts to do financial research, annotate documents and collaborate with colleagues all within the same software.

The good times in munis aren’t likely to last as the Fed’s push to boost interest rates will hamper future results, an expert says.

CEO Jamie Price and other executives met with some 1,000 prospective advisors after inking one of the largest M&A deals in the IBD space this year.

The sector historically has been “resilient to economic downturns,” ProShares wrote in the new fund’s prospectus.

The new factor-based products will extend the manager’s focus on data-driven investing.