Data reported by the Investment Company Institute.

UBS contends a group of advisors who left this month to form an RIA inherited most of their clients from retired advisors who were counting on being paid from their former books of business.
With savings gaps, financial anxiety and plans to work longer, half of Gen X employees feel unprepared for retirement.
The industry's first AI-specific conference for financial advisors will take place Oct. 28-29 in Las Vegas and feature some of the industry's biggest names.
Also this month in our disciplinary digest, a now-barred 'problem broker' for Stifel lands his former firm another hefty settlement, and an advisor is accused of fraud for trying to poach clients from his old firm.
Even with the money to retire early, FIRE clients often face unexpected challenges. Advisors say mindset — more than finances — is often the real hurdle.
While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities without flexible distribution provisions could take a big hit.