The push for actively managed exchange traded funds, the Holy Grail of the ETF industry, is intensifying.
Robert R. Carter is stepping down as president of NFP Insurance Services Inc., according the SEC filings.
Exchange traded funds are one of the fastest-growing investment vehicles, but until now, they have been passive investments.
Competition is heating up in the normally sedate world of portfolio re-balancing software.
The big hit clean energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.
Top management at H&R Block Inc., parent of H&R Block Financial Advisors Inc., allegedly turned up the heat and threatened a senior executive in the middle of an acrimonious dispute over compensation, according to an arbitration complaint that led to a $4 million award to the executive last month.
Several wirehouse firms have begun pushing their financial advisers to talk to clients in more depth about health care issues in retirement, but at least one firm, UBS Financial Services Inc., is avoiding the topic because of liability concerns.
The Dow Jones lost more than 300 points after the insurer reported dismal quarterly results.
