Concerns about computer programming problems associated with the switch to the year 2000, the so-called Y2K problem, is prompting some shareholders to consider redeeming fund shares. A survey sponsored by DeRemer + Associates of Wrentham, Mass. and Prince & Associates of Shelton, Conn., found that about 14 percent of approximately 1,000 mutual fund shareholders surveyed would consider selling fund shares by the end of the year because of concerns about possible disruptions at the turn of the century.
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Advisor360° names former MassMutual exec Mike Fanning as its new CEO
8h ago -
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
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The number of experienced financial advisor recruits fell in the first quarter, but Ameriprise's overall headcount and its profits are on the rise.
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Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
April 23 -
Few U.S. adults have done any estate planning. Even fewer have done so for their pets. Advisors can help them get started.
April 23 -
Fidelity launched a new hub aimed at helping advisors who said they're struggling to grow organically. The move comes as LPL Financial and BlackRock launched similar hubs this year.
April 23