Shareholders of the Invesco Capital Development Fund have approved a merger of the fund into Invesco Van Kampen Mid Cap Growth Fund. The reorganization is expected to be completed by June 11, 2012.
Invesco last month
Despite the war in Iran and uncertainty over interest rates, the latest Financial Advisor Confidence Outlook shows that advisor sentiment has turned positive for the first time since January.
A GAO report suggests that blanket rules on spousal consent for 401(k) withdrawals could solve "financial infidelity problems — and exacerbate them.
The proposal is part of what SEC Chairman Paul Atkins calls his "Make IPOs Great Again" agenda.
Wells' latest advisor recruiting coup comes just days after it pulled over a 19-person team formerly managing nearly $6 billion at Morgan Stanley.
Jazz Wealth, whose name honors eccentric musicians who've mastered a difficult art form, specializes in reaching out to "misfit" clients with YouTube videos and events like wine socials.
CEO Robin Vince defended the custody bank's use of artificial intelligence Monday, saying that the deployment of AI allows firms to increase their investment capacity.
