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Using machine-learning algorithms, the firm's $106 billion systematic active equity group researches social media pages and online job postings to build portfolios.

The $217 billion alternative asset manager reported its biggest loss as a public company in the first quarter.

The list shows how firms of all sizes face a pivotal balancing act in seeking to recruit and retain advisors.

“What this tool does uniquely is it takes the depersonalized delivery of benefits and really helps the individual determine how best to get the most out of their benefits,” says Voya’s Andrew Frend.

Investors may be put off by the costs associated with these funds, which had an average expense ratio of more than triple their peers.

With Treasury yields now hovering around zero, and likely to stay there for years, expected gains from the traditional asset mix are in doubt.

The manager joins firms including JPMorgan and Arena Investors in seeking opportunities in the sector, particularly in the wake of the coronavirus pandemic.

Almost 90% of smaller fund managers would no longer have to report their investments and their firms would save $136 million a year, the agency estimates.

In a sign of long term changes and pivotal questions for the industry, the difference between the amount of fees and commissions in the sector has nearly doubled.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.

Mass exodus from the market has forced managers to dump securities to raise cash, sending prices tumbling the most in at least four decades.

Affluent investors are concerned about transparency, performance and value, according to a new report by Capgemini.

Its rivals have been building out their own insurance arms in recent years and have brought on executives who can help them attract more business.

The firm announced plans in March to acquire $200 million of its stock and has been in the market on average once every three trading days since.

The leaders raked in a combined $949 billion over the past decade.

A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.

Almost half of employers are already opening up their offices again — but some challenges lie ahead.

Amy Cooper, who was fired from her job as head of insurance investment, could face up to one year in jail, three years of probation or a $1,000 fine.

Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.

The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.