The ICI executive committee has formed another committee to find his successor.
"During my time at ICI, Ive had an extremely fulfilling career that has enabled me to help mutual funds become the investment of choice for 95 million Americans," Fink said. "Im proud of the exceptional record mutual funds have built advancing the interests of their shareholders. It has been an honor to represent an association and its members that value and promote a fiduciary culture of service to shareholders."
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
Some planners and firms are taking action to address impending retirements. Here's why opening more pathways into the field matters to every company in wealth management.
The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
