“We are very pleased to offer the William Blair Global Growth Fund,” said Michelle Seitz, head of investment management at the firm. “We have proven investment research expertise in the United States, as well as the developed and emerging international markets. This fund will leverage those global research capabilities, given investors access to our quality growth investment ideas throughout the world.”
A new Morningstar study found that long-term care costs can dramatically impact retirement plans, with 41% of households projected to run out of money when such expenses are incurred.
When it comes to certain AI tools — like those for content creation — concerns over copyright infringement, bland outputs and more have led some financial advisors to eschew the technology.
Rulings from the Financial Industry Regulatory Authority included a $360,000-plus payout from JPMorgan, scrutiny of B. Riley operations and more in April.
Also this week, Hightower invests in a large RIA and Bernstein names a new head of wealth management.
LPL Financial is well known to advisors but not necessarily to their clients. A new ad campaign airing this weekend during PGA Championship coverage aims to change that.
Despite the notable flows and valuations, some sellers get locked into an ill-fitting parent firm without many options for getting away.
