The Riverfront Funds has hired Federated Investors to serve as administrator and distributor of the funds for three years. The Riverfront Funds, based in Cincinnati and managed by a money management affiliate of The Provident Bank, has $433 million in assets under management in six funds.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
