Portfolio

Data reported by the Investment Company Institute.

The Secure Act will pave the way for expanded distribution channels, even as J.D. Power finds issuers lagging in measures of client satisfaction.

Now, armed with data from the rule’s rollout in Europe, asset managers in the U.S. have a better sense of each analysts’ worth — fairly or not.

These shortcomings were primarily due to “systemic, longstanding, governance-level weaknesses,” a new report says.

More than half of them track the industry’s top-performing category.

Direct lenders, including hedge funds and buyout firms, are prepared to spend billions to lure borrowers away from the $1.2 trillion leveraged loan market.

While these 20 dizzying changes will throw some for a loop, financial advisors and their clients grow more powerful each year.

Setting up a tax-advantaged retirement account, automating contributions and reducing their overall expenses are a few strategies to get back on track.

“There definitely will be people who don’t win in this,” says Altruist founder Jason Wenk.

From regulations to diversity and inclusion, these leaders are set to make an impact on wealth management.