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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Investor advocates think the money should instead go to clients who haven't been paid outstanding arbitration awards.
4h ago -
Following similar glitches at Lloyds and the London Metal Exchange, a tech outage at UBS has renewed scrutiny on modern banking platforms.
5h ago -
Not all tech integrations are created equally. Industry experts discussed what advisors should focus on when evaluating potential additions to their tech stacks.
5h ago -
The Biden Administration rule for a fiduciary standard on one-time retirement-related advice died in two separate court decisions.
7h ago -
Considered a report card on client satisfaction across both advised and DIY customers, the latest JD Power survey points to the growing power of technology to capture new business.
March 18 -
A new annual compensation report by consulting firm Succession Resource Group explains how pay plans can boost — or detract from — the value of an RIA.
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