If mutual funds are where some of the so-called smart money is, then the smart money is not betting on tech.
The giant Fidelity Magellan fund has the same 11% weighting in technology that it had a year ago,
"All of the big growth players are still wary of valuations and growth prospects at big tech companies," Russell Kinnel, Morningstar director of fund analysis, a.k.a. Fund Spy, says.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
