Primecap, which has sub-advised two
Primecap manages the Vanguard Primecap Fund and Vanguard Capital Opportunity Fund, for which it collects nearly $40 million in investment advisory fees. Its three new offerings are the Odyssey Growth Fund, Odyssey Aggressive Growth Fund and Odyssey Stock Fund.
Like 2023, 2024 has been good to Edward Jones. The St. Louis-based firm finished the first quarter with higher revenues and more financial advisors on its payroll.
The mammoth coup far outpaces other recruiting deals of recent memory.
Despite the apparent decline, the independent broker-dealer giant remains one of the leaders in advisor recruiting and merger and acquisition deals.
Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems.
More than a third of financial advisors will retire in the next decade in a profession in which nearly 3 out of 4 rookies fail to make the grade, creating a headcount problem for the industry.
Advisors and other leaders in the profession have a unique window into what "wealth" really means. Here's how they defined it.
