The fund will invest 80 percent of its assets in companies tracked by the Nasdaq 100 and the remaining 20 percent in stock index futures and exchange-traded funds, according to the prospectus. The fund can invest up to 20 percent of its assets in the Nasdaq 100s exchange-traded fund, QQQs, and up to five percent in other exchange-traded funds, according to the prospectus.
FinTok and AI financial advice have created a new era for wealth advisors — one ripe with online misinformation. But planners say that risky internet advice actually increases their value.
With retail investors projected to allocate $2 trillion into private equity, credit and similar investments over the next five years, asset managers are increasingly acting as a bridge to previously exclusive opportunities.
New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
Building client trust is a top priority for an advisor. But when advisors spot potential mental health struggles in clients, what should they do?
Edward Jones financial advisors helped the firm reel in $17.7 billion in net new assets in the second quarter. And another recent filing gave clues about the firm's upcoming planned changes to equity stakes.
Four professionals on the ground weigh in on the lasting lessons they took away from their worst client meetings.
