Another money market fund is making its way toward the recycling bin.
Russell Investments is liquidating its money market fund at the end of April according to a regulatory
The Russell Money Market Fund is expected to liquidate on April 26, according to the filing. It was launched in October 1981 and managed by Kelly Mainelli. The fund managed $190 million as of the end of December 2012.
An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.
After a decade-long effort by holders of the personal financial specialist credential, aspiring candidates can be tested on investments, retirement plans and other areas.
During first-quarter earnings calls, top executives of mega firms like Goldman Sachs, Morgan Stanley and Citigroup talked about how they're testing AI and high-tech tools.
Experts from the Fed, Intuit and the Urban-Brookings Tax Policy Center explored ideas for more effective ways to advance the goals of the mortgage interest deduction.
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