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Data reported by the Investment Company Institute.

The firm allegedly profited $14 million by fabricating performance records.

Sept. 4: As managers acquaint themselves with the AI and automation industries, one firm has been deeply invested in the burgeoning field.

Aaron Parthemer misrepresented investments to his pro athlete clients, the regulator claims.

Concentrating too much of a client's portfolio in U.S. stocks creates too much risk.

Those recognized for their excellence in innovation and leadership across the asset management industry includes State Street CEO Jay Hooley.

The change is attributed in part to the cost of managing dividends.

USAA Capital held over $513 million in market value of the Wall Street giant’s large-cap, emerging market and international ActiveBeta funds.

Sergunina is president and CEO of MainStreet Financial Planning, Inc.

Rafael Lourenco is an executive vice president at ClearSale, a Card-Not-Present fraud prevention operation that protects e-commerce merchants against chargebacks. The company’s flagship product, Total Guaranteed Protection, is an end-to-end outsourced fraud detection solution for online retailers. Follow on twitter at @ClearSaleUS or visit http://clear.sale/