Organization Root Tag

Our newly independent practice turned the shift to virtual into a learning experience we never would have expected.

The firm's new suite of eight low-cost ETFs include two funds that are no-fee.

Wild market swings have given many active managers a rare respite after a decade-long battle against the rise of passive investing.

It’s the regulator’s largest restitution order this year.

"We have to redouble our efforts to make progress," Brian Moynihan said a day after the bank pledged $1 billion over four years to try to address racial and economic inequality.

The acquisition, set to close later this year, will create a behemoth among custodians.

The asset manager plans to leverage Precadian’s ActiveShares product, which requires funds to publish an indicative value of its holdings every second.

The products will have the same management and research teams as the firm's similarly named mutual funds.

The bill, which passed the House last week on a 471-1 vote, now heads to President Trump’s desk for his signature.

The data on Black and Latino advisors helps track the industry’s progress amid nationwide Black Lives Matter protests.

The decade’s top performers also outpaced broader markets over the short term.

“The U.S. is in a lot of pain right now, and our African-American colleagues are in a lot of pain,” Jenny Johnson, chief executive officer of Franklin Resources, said.

Don’t expect significant changes anytime soon to longstanding complaints about conflicts of interest in the “issuer pay” model of the ratings business.

Nicole Pullen Ross also heads an initiative to handle wealth management for athletes and entertainers.

The death of George Floyd in Minneapolis and other fatal police encounters now fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out.

The pandemic is prompting financial advisors to use video messages, webinars and even board games to connect with clients and prospects, Hightower Chief Marketing Officer Abby Salameh says in an episode of Financial Planning’s Podcast.

The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.

Under Lauren Schadle’s tenure, the association rolled out its OneFPA initiative while also dealing with declining membership.

The change is one of several made to the board’s disciplinary reporting process following a report by an independent task force that found “systemic, long-standing, governance-level weaknesses.”

The $4.64 billion fund lost 75% of its value in two months.