Vanguard

Although bigger may be better for the fund giants, passive strategies may be blurring the inherent value of securities.

Dec. 4: The asset management and wealth management space posted 35 deals worth $2.4 billion in total activity in the third quarter.

These eye-popping returns didn’t come cheap. Expense ratios averaged more than 1% and went as high as 158 basis points.

The No. 1 competitor for its robo and hybrid platforms is neither Vanguard nor any startup, says Tobin McDaniel, president of Schwab Wealth Investment Advisory.

The seven funds are expected to begin trading in the first quarter.

Data reported by FUSE Research.

The Senate’s plan requires that holders of more than one batch of a particular security, known as a lot, sell the one they’ve retained the longest first.

Some fund managers specializing in distressed debt smell an opportunity.

Nov. 20: Security, ease of workflow and the ability to work across platforms are key features RIAs demand.

The longer the trend continues, the more likely its effects could spread to bank earnings and the economy.