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.
Federal Judge David Nye sides with a broker fired over five years ago for placing trades without first obtaining his client's permission.
Research shows that many investors fear policy changes could hurt their retirements, but these concerns often go unspoken with financial advisors, creating a planning gap.
Many business owners wind up regretting how they exit from their ownership. That's why experts say financial advisors should ramp up their planning for it.
Penny Pennington has presided over a wide-ranging overhaul that has seen forays into alternative assets and banking but also heightened rates of advisor departures.
Libretto, Syntax Data, Advyzon, Kwanti and the Oasis Group were among the major players at the annual conference that announced new and upcoming AI advancements.
While Republican-led states are mostly adopting the various tax changes from the One Big Beautiful Bill Act, some states led by Democrats are refusing to go along.
