Fidelity Investments Public Service Sector Services Company announced that it has introduced SLAMNet, the first electronic asset management, Internet-based product designed specifically for public sector clients. SLAMNet gets its name from Fidelity's acronym for its State and Local Asset Management program. Through a secured website, the company offers access to stock quotes and information from major news services and trade publications. It also gives users the ability to trade Fidelity's institutional money market funds online.
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A vast majority of plan sponsors say that actively managed funds can beat the market, according to a new BlackRock survey. Research suggests otherwise.
September 12 -
Cerity Partners adds its own large RIA in New York, and Beacon Pointe acquires firms in Indiana, Washington State and New York.
September 12 -
Older Americans hold a higher allocation of stocks than they would like, according to the Center for Retirement Research. Researchers say that could be a positive, though not all advisors agree.
September 12 -
A limited federal tax credit, an above-the-line deduction for non-itemizers and restrictions on those of itemizers represent three of the biggest shifts under the new law.
September 11 -
Raymond James accuses the widower of an advisor of using data stored on his wife's company-issued computer to solicit clients for a rival firm.
September 11 -
Agentic AI in several forms took center stage as fintech executives made the case for their services at the first-ever AI-focused demo drop at Future Proof.
September 11