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.
Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
Advisors can leverage the updated opportunity zone program, starting in January, to help ultrahigh net worth clients defer capital gains.
As advisors rush to build their own AI tools, experts warn that guardrails need to cover data going in, not just data going out.
A deal between XY Planning Network and Wealthtender illustrates how quickly the search landscape is changing and the new ways advisors must adapt to find prospects in an AI era.
A gathering for LGBTQ advisors and allies the day before LPL's flagship Focus conference drew executives, big-name sponsors and a standing-room crowd. So Marci Bair and other organizers are planning a standalone event next spring.
Today is National 401(k) Day, and a perfect moment to revisit retirement plans. Advisors can use these five strategies — from IRA rollovers to next-gen outreach — to help clients optimize their savings.
