Finance

The executive argues the firm’s ownership structure is giving it a leg up — rather than posing the issues for advisors decried by critics.

Chairman Jay Clayton said he remains worried that cryptocurrency can be too easily stolen or manipulated on exchanges.

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

About 30% of fund manager appointments in the firm’s equity unit have gone to women in 2018, the most in five years.

A bear market in marijuana isn’t the only challenge for new funds tracking the cannabis industry.

Donating complex assets is one option clients may consider when itemizing deductions on their 2018 returns, an expert says.

The firm has parted ways with its CEO Alex Friedman and launched a restructuring plan.

Investors have grown cautious following October’s rout in global markets.

Industry pioneer Mark Hurley is out as Karl Heckenberg becomes the aggregator’s new CEO.

The cost of acquiring small account customers and pressure from incumbents quickly developing their own digital brands may be weighing on the popular app.

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

Mariner Wealth's and Mercer Advisors' deals for RIAs totaled over $3 billion in AUM in just two weeks.

The SEC may have had good intentions, but the guidelines have distorted markets and reinforced the allure of companies that forego the IPO.

New actively managed municipal bond ETFs from the firm have attracted $50 million in assets since their inception in October.

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.