AIM Funds Closes Japan Growth Fund:Becomes Fifth AIM Fund to Close in August
The fund, which has $46 million in assets under management, has posted a negative 18.69% year to date return, according to fund tracker
So far this month, AIM has closed the Latin American Growth, Global Consumer Products & Services, Tax Exempt Bond Fund of Connecticut and Advisor Flex funds. All of the funds will be merged with existing AIM Funds.
As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
Earn credit toward industry certification while staying up to date on key financial planning topics and strategies.
As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
