The Hartford Mutual Funds is introducing C shares into its family of 10 mutual funds. The new C shares will pay brokers a two percent sales commission and a one percent annual trail beginning in the second year to be paid quarterly. Clients pay a one percent up-front sales load on new investments and an annual one percent 12b-1 fee on total assets. A one percent contingent deferred sales charge is assessed on redemptions within 12 months of new share purchases.
The federal scholarship tax credit is set to take effect on Jan. 1, 2027, with proposed regulations expected by the end of September.
As AI becomes increasingly integrated into RIAs and the financial planning industry, here are what advisors said can never be replaced by technical advances.
For financial advisors, the surge in new wealth highlights continued opportunity for those targeting prospects coming into sizable sums of money.
Even though RIAs reached a record size in four important metrics, experts say equity values are masking weaknesses in their organic growth.
It is important to be committed to the work you do, but according to these five advisors, going about your daily life can also result in landing clients.
A strategic partnership between the wealth management platform and Callan Family Office aims to build better software for advisors working with complex clients.
