| Name/ticker | Classification | 3-month average daily volume | Expense ratio* |
|---|---|---|---|
| First Trust Managed Municipal ETF (FMB) | General & insured municipal debt | 4,685 | 0.65% |
| iShares Core Total USD Bond Market ETF (IUSB) | General bond | 4,167 | 0.15% |
| iShares Yield Optimized Bond ETF (BYLD) | Multi sector income | 3,456 | 0.28% |
| iShares Interest Rate Hedged High Yield Bond ETF (HYGH) | High Yield | 2,063 | 0.55% |
| db X-trackers Solactive Inv Grd Subordinate Debt (SUBD) | Corporate debt funds BBB-rated | 1,081 | 0.45% |
| iSharesBond Dec 2018 Corporate Term ETF (IBDH) | Short investment grade debt | 235 | 0.10% |
| iShares Interest Rate Hedged Corproate Bond ETF (LQDH) | Short investment grade debt | 121 | 0.25% |
| iSharesBond Dec 2016 Corporate Term ETF (IBDF) | Short investment grade debt | 67 | 0.10% |
As of June 30. Excludes leveraged and inverse funds, and exchange-traded notes. *Most recently reported net prospectus expense ratio. Source: Lipper, a Thomson Reuters company
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
