Standard & Poor's has launched the MILA 40 Index, tracking the largest and most liquid stocks trading on the Mercada Integredo Latino Americano (MILA) platform, the joint venture of the Chile, Columbia and Peru stock exchanges. Stocks in the index must have market caps above U.S. $100 million."Equities from the Andean regions have been among the best-performing in all emerging markets," said Alka Banerjee, VP of global equity indices at S&P Indices. Banerjee called the index "a sound benchmark [for] this important region of the world."
-
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.
5h ago -
The mammoth coup far outpaces other recruiting deals of recent memory.
6h ago -
Despite the apparent decline, the independent broker-dealer giant remains one of the leaders in advisor recruiting and merger and acquisition deals.
8h ago -
Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems.
8h ago -
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.
11h ago -
Advisors and other leaders in the profession have a unique window into what "wealth" really means. Here's how they defined it.
May 9