Finance

With competition heating up, the IBD is offering advisors better technology and higher pay.

U.S. and European ETFs were stung by redemptions in January even as developed markets added trillions in value.

The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.

SPIKES, a product from MIAX Options, is being pitched as a lower-cost alternative.

The firm cut its headcount by 22% while boosting productivity by 48% in 2018, and it plans to roll out a new desktop platform for its 1,060 representatives.

Trade tension and a record-long government shutdown have left many in the “more defensive parts of the market,” one TD Ameritrade strategist says.

The hybrid digital firm has now raised over $255 million and aims to further expansion plans and add more advisor hires, according to CEO Jay Shah.

At Pimco, the fixed-income giant he co-founded, Bill Gross racked up one of the longest winning streaks of any money manager.

The firm’s efforts to attract talent away from rivals boosted headcount by a net 57 advisors in 2018.

Under the deal, private equity-backed Wealth Enhancement Group would make its 10th acquisition in the past five years.

Volatility “makes investors a little bit more negative and cautious,” says DWS Chief Financial Officer Claire Peel.

CEO Dan Arnold pledged new tech-enhanced support for advisors as part of a larger cultural transformation.

The firm suffered from market volatility in the fourth quarter.

The calculus has changed due to plunging coin prices and regulatory tightening, which raises the risk of forced refunds.

Despite its death, Barclays is transitioning assets and trading volume to a nearly identical version of the fund.

The platform will offer a range of crypto products for large investors, according to people with knowledge of the matter.

The SPDR fund recorded its biggest outflow in 18 months as oil fell below $52 a barrel.

The latest funding round puts Acorns, led by CEO Noah Kerner, at a reported valuation of $860 million.

The emerging markets credit fund will pursue long-term investments in conditions that the manager says may already equate to a bear market.