NewRiver Investor Communications of Watertown, Mass., has developed Prospectus Express, patent-pending software that would allow mutual fund companies to post prospectuses and other lengthy fund documents in a format that would allow investors to immediately view and retrieve those documents. Other prospectus software allows users to print out documents but not view them online. Prospectus Express also enables users to search within documents for keywords. Currently, that is not possible through the SEC's Edgar database.
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Financial Planning is seeking candidates under the age of 40 for its annual awards recognizing advisor employees at both wirehouse and regional firms for industry-leading production.
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Many wealthy retirees hesitate to spend their savings. Advisors share how budgeting and cash flow planning help clients enjoy their wealth.
4h ago -
Despite common assumptions, child-free clients have plenty of planning complexity. Advisors shared their approach to planning for this demographic, from encouraging "no-kid dividends" to building care teams early.
October 2 -
A proposal is meant to ensure advisors can trade client assets on a discretionary basis without triggering onerous custody requirements, while also giving them a self-custody option for crypto.
October 2 -
Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
October 2 -
The second-largest asset custodian tilts its policies toward larger firms as commission-free trading continues to eat into its business safeguarding client assets.
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