After years of waiting to be compensated for damages done to their investment holdings by market timers and late traders,
Making these distributions is a priority for Janus, company spokesman James Aber told the Denver Post.
The checks will be mailed to eligible investors in seven Janus funds, beginning Aug. 15. Anyone who lost less than $10 will not be compensated.
Matthew Pallai said he has no doubt wealth managers explained the risks of private credit when recommending it to clients, but the recent rush to withdraw money from credit funds suggests "they probably should have said it more often and said it louder."
Court decisions vacated the Biden administration's DOL rule — but that didn't make rollover rules easy, experts say. Firms that get compliance right will have an edge in tapping a trillion-dollar-plus market.
New research from the nonprofit, nonpartisan Employee Benefit Research Institute shows pessimism about retirement preparedness is on the rise — that could open doors for advisors.
Subscribers can stay up to date on key industry issues while earning one hour of continuing education credit toward maintaining professional certification.
A well-planned retirement can go awry when clients overspend. Here's how financial advisors can rein them in.
A California man's complaint alleges that Morgan Stanley's website enabled tracking tech from Google and Microsoft to collect web visitors' browsing data for targeted online ads.
