Financial advisers are embracing a more virtual form of communicating with clients and colleagues to the point where most don’t expect to ever go back to sitting behind a desk in a traditional office.
Morningstar data show women are making little progress breaking into the ranks of portfolio managers.
The financial services industry relied on technology and innovation to adapt and keep business running throughout the pandemic, and should continue to embrace much of what was learned.
The Toronto mega-buyer continues to gobble up U.S. wealth managers at a record clip. Once the deal closes, CI is expected to have approximately $50 billion in U.S. assets and total assets of $212 billion.
Faced with shrinking assets and performance challenges, the $2.5 billion boutique asset manager will shutter its two funds next month.
Calvert and American Century bring home overall fund company awards, and a record 21 funds sweep their categories.
Seller of the San Diego-based firm describes Mercer leaders as 'Batman and Batman.'
As broad market indexes continue to decline, giving back most of the gains they've made so far this year, advisers say clients are growing fearful of a repeat of March 2020.
The deal shows that private equity investors are starting to move down-market to invest in smaller registered investment advisers.
The low-cost provider is planning a cash-alternative exchange-traded fund whose cost is about half that of popular ETFs in the category.
