Federated Investors, a leading investment management firm that manages about $103 billion in assets in more than 150 mutual funds, is opening a new bond fund. The Federated Ultrashort Bond Fund will seek higher yields than money market funds. It will invest in a variety of short-duration debt securities, government bonds and mortgage- and asset-backed bonds. The fund's initial net asset value will be $2 per share.
Several panels and presentations last week at Future Proof focused on the idea of advisors growing their businesses through offering specialized, family office-style services.
As the Fed nears a potential rate cut, bearish sentiment is rising. Here's how to keep pessimistic clients from exiting the market.
In its third suit in as many months, JPMorgan is accusing a former advisor of using its banking referrals to build a book of business and then trying to abscond with those clients to a rival firm.
The numbers look gaudy, but potential estate taxes and prohibitions on future strategies make the big retirement accounts much less appealing, two experts said.
A vast majority of plan sponsors say that actively managed funds can beat the market, according to a new BlackRock survey. Research suggests otherwise.
Cerity Partners adds its own large RIA in New York, and Beacon Pointe acquires firms in Indiana, Washington State and New York.
