The California auto-IRA program is not only the biggest in the country, but its arrival correlated with a pick-up in new 401(k) plans in the state.
Demand for robos might be cooling, but many are still interested in them, despite a lack of understanding.
Charles Schwab executives had hinted at possible hiccups ahead of the massive account migration coming in September.
Most advisors are avoiding recommending cryptocurrencies to their clients, a CoreData Research survey found.
The governor signed an executive order this week that entails only limited practical restrictions on state assets but could have a chilling effect.
As the firm announces a settlement of suits brought by Preston Hollow Community Capital, Nuveen announced that John Miller is retiring and will be replaced by Daniel Close.
Fiduciaries are citing the high costs of legislation restricting the use of ESG, and some state leaders are listening.
MSCI announced an adjustment that will lower its ESG scores on about 31,000 funds.
A big client moved $2 billion from a different Xtrackers ESG exchange-traded fund to the new fund, the Xtrackers MSCI USA Climate Action Equity ETF.
The hiring of Rachel Curley comes amid other leadership changes at the industry group, including a new CEO.
