BlackRock has cut its management fee by one basis point on three popular exchange-traded funds in its iShare Core S&P series.
The world’s largest money manager said that is has reduced the expense ratios of its iShares Core S&P 500 ETF (IVV) to 0.03% from 0.04%, its iShares Core S&P Mid-Cap ETF (IJH) to 0.05% from 0.06%, and its iShares Core S&P Small-Cap ETF (IJR) to 0.06% from 0.07%.
BlackRock announced the fee cuts in a release in connection with the 20-year anniversary of its Core ETFs.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
