Coronavirus

“We basically had clients demanding that we find a new home,” after Wells Fargo failed to secure PPP loans for them, an advisor says.

New opportunities and wise practices can maximize the value of your clients’ — or your own — company.

The alternative asset manager surpassed its previous peak from the fourth quarter of 2017.

The “set it and forget it” balanced approach may not work as well anymore, an expert says.

A combination of GLD’s higher fees and an almost relentless demand for the yellow metal have catapulted it from fourth on the revenue leader board in 2017.

Fintechs are facing unique challenges in the pandemic. There might be a resurgence in funding on the horizon, but startups are looking to see what they can do now to weather the storm.

“Astute RIA leaders recognize that now is an opportunity for growth,” says one advisor.

Democrats Elizabeth Warren of Massachusetts and Brian Schatz of Hawaii have sent a letter to CEO Charlie Scharf demanding a response to news reports that the bank has been placing borrowers into forbearance plans without their consent.

Economists say that a V-shaped recovery is unlikely.

The cuts are among the first under new CEO Kentaro Okuda, who since taking the reins has said an existing $1.3 billion restructuring plan is no longer enough.

Despite growing to about $1.1 trillion in AUM, senior executives made a series of bets to keep pace in a changing industry that have yet to pay off.

Trading under the ticker EFIV, the fund will exclude companies involved with tobacco-related products and weapons.

The majority of advisors don’t understand how much of a positive difference they can make for their clients, says advisor Deborah Fox.

An iShares ETF investing in companies it says has “positive environmental, social and governance characteristics” has more than tripled gains of the S&P 500.

Perceptions on relationships, health, and lifestyle have also changed.

Many clients have seen the value of their investment accounts drop, making this a good time for planners to prove their value

At the height of pandemic-related job losses, 18.9% of Americans with disabilities were unemployed, data show.

A typical investment for Nuveen's $5.8 billion impact investing unit these days ranges from $20 million to $60 million, says its co-head.

“It’s going to flip everything on its head,” says one XY Planning Network advisor.

There has been increased demand for havens amid a resurgence in coronavirus cases, flaring political tensions and a weaker dollar.