Organization Root Tag

The agency has 90 days to review files and reach decisions.

The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.

Charles Scharf has since apologized that his comments in a virtual meeting this summer were "misinterpreted."

“Investors are going into lower, more passive mutual funds because they don't want to pay the fees,” an expert says.

The senior executives, all from the company’s consumer banking unit, agreed to pay six-figure fines in connection with the 2016 unauthorized account scandal.

Bleakley Financial Group also picked up an ex-hedge fund portfolio manager while expanding its national footprint.

The seven advisors managed more than $450 million in combined client assets.

While some big Wall Street firms are seeking to get staff back to the office, there are already signs of how challenging that could be.

The final regulation includes guidance on the requirements needed for properties to qualify for the deduction.

Funds from the biggest three issuers account for more than 80% of the industry's total assets.

The number is behind previous years, but the firm’s new head of business development says independence is more appealing amid the coronavirus.

While some industry employees are eager for the normalcy of their offices, others are more reluctant as experts predict another rise in virus cases.

Choosing their own technology for clients was a big draw for the advisors, who affiliated with Kestra.

That decision was “heavily debated” and so far the company has found that its operations have fared well with remote work, Jose Minaya said at a conference.

The No. 1 IBD has completed three of the sector’s 10 largest recruiting moves of the year.

Representation of women and minorities remains “startlingly” low.

The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.

The bank was seeking to overturn some $400,000 in attorney fees awarded to four advisors as part of a $2 million case.

BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.

“A typical Gen Z-er may not be as interested in owning a mutual fund," says Contrafund's Will Danoff.