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In June, U.S. exchange-traded fund outflows topped $10 billion, as investors withdrew $6.2 billion from fixed income ETFs and $6 billion from emerging market ETFs, according to State Street Global Advisors latest ETF Snapshot report.
July 10 -
The Deloitte Center for Financial Services has added Lynette DeWitt as a research manager, focused on asset management.
July 10 -
A FINRA panel ruled Wells Fargos lack of supervision allowed a third party to syphon funds from a client account.
July 10 -
Francis Picarelli has been promoted from vice president to senior vice president at consulting shop Segal RogerCasey.
July 10 -
Banks could boost the profitability of their wealth management programs if they integrated their private banking, trust and brokerage businesses.
July 10 -
Three new reports suggest that the wealth management industry still needs improvement and hint at a slowdown after recent growth.
July 10 -
One key element separates the fastest-growing RIA firms from their peers, according to a new Schwab report.
July 10 -
One expert predicts that at least half of the top 30 U.S. banks will move advisors to a salary-based compensation system in the next two to three years.
July 10 -
State and local governments in the U.S. would be permitted to turn their retirement systems over to life insurers under a Senate bill that seeks to diminish public-pension deficits.
July 10 -
Advisors remain very bullish on U.S. equities and plan to allocate a greater percentage of their clients portfolios to the asset class over the next six months, according to a new survey by Aberdeen Asset Management.
July 10
