“We are exploring it, and we think we’ll offer something maybe by the first of the year,” said Steven Pruette, director of marketing for Egan-Jones, adding that he believes “there’s an interest in the market for this kind of material.
"We would like to have a more unique way of rating mutual funds than just performance," Pruette added.
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service identified for this year's rogues gallery.
A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
