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Bloomberg
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Index fund giants draw antitrust scrutiny in U.S. merger reviews
RIA NEWS JAN 23, 2020
Index fund giants draw antitrust scrutiny in U.S. merger reviews

U.S. antitrust officials have begun asking companies about communications with their biggest shareholders as part of merger investigations

SEC Commissioner leaving next month
PRACTICE MANAGEMENT JAN 16, 2020
SEC Commissioner leaving next month

Robert Jackson Jr. to return to teaching at NYU Law School

Nir Kaissar: BlackRock muddies the social-investing waters
OPINION JAN 16, 2020
Nir Kaissar: BlackRock muddies the social-investing waters

The giant money manager is taking a misguided approach to climate change

Schwab’s zero-fee plan pushes assets to record $4 trillion
RIA NEWS JAN 16, 2020
Schwab’s zero-fee plan pushes assets to record $4 trillion

Eliminating trading fees pushed client assets to a record as the firm faced a decline in trading revenue

Peter R. Orszag: Retirement savings get a boost when employers add 401(k) match
RETIREMENT PLANNING JAN 15, 2020
Peter R. Orszag: Retirement savings get a boost when employers add 401(k) match

Research shows that when employers match 401(k) plan contributions, more people participate

Goldman Sachs issues its first wealth management revenue total
INDEPENDENT BROKER DEALERS JAN 15, 2020
Goldman Sachs issues its first wealth management revenue total

At $4.4 billion, its financial advice business is small compared to brokerage giants

BlackRock puts climate at center of $7 trillion strategy
MUTUAL FUNDS JAN 14, 2020
BlackRock puts climate at center of $7 trillion strategy

Changes outlined in CEO Larry Fink's annual letter include doubling BlackRock's lineup of sustainable ETFs

Why now is the time to sell family businesses
RETIREMENT PLANNING JAN 14, 2020
Why now is the time to sell family businesses

Unload firms before the economy or politics take a turn

UBS plans Miami office to work with Latin American firms
WIREHOUSES JAN 13, 2020
UBS plans Miami office to work with Latin American firms

The Swiss bank is targeting billions of dollars managed by Latin American intermediaries booking assets in the U.S.

Wall Street targets Silicon Valley rich
INDEPENDENT BROKER DEALERS JAN 13, 2020
Wall Street targets Silicon Valley rich

Citi, Bank of America and Morgan Stanley are among the firms beefing up their wealth management efforts in Northern California