The multimillion-dollar settlement follows findings that First Trust exceeded industry limits on non-cash perks and misled client firms about the extent of its spending.
Providers target wirehouses and RIAs as active ETF assets top $1 trillion, but distribution and education concerns remain.
The six models, offered in partnership with Envestnet, are designed to help advisors manage affluent and institutional client relationships.
Vanguard's latest launches, focused on after-tax returns and higher yields for clients, reflect a broader industry shift as advisors seek streamlined, diversified bond strategies.
The debut puts the Wall Street giant in line with a growing list of managers looking to reach investors who want PE without the operational headaches.
Wirehouses and RIAs drive record ETF asset growth, fueling a surge in active and fixed-income strategies amid a changing regulatory landscape.
CEO Larry Fink highlights ETF and alternatives growth in quarterly results, with new acquisitions and digital asset offerings contributing to higher revenue and expenses.
More investors feel secure, set multiple goals, and see greater value in professional advice.
These new market participants are reshaping the investment landscape.
The Wall Street giant's updated requirement gives its advisors more leeway to pitch crypto funds, which are primed for a big bang following recent changes at the SEC.
Two years after the original strategy was shuttered, a renewed appetite for long-shot bets and a more hospitable regulatory climate has spurred its comeback.
While the SEC works through a bursting waitlist, technical challenges remain for mutual fund giants looking to seize competitive advantage.
Small-cap investors appear to be gaining some confidence despite history.
The regulator's impending response to a 2023 application by Dimensional Fund Advisors could open the door to a broader boom of dual share-class mutual fund products.
Dave Abner, NTAM's head of global ETFs speaks with InvestmentNews.
Cerulli research shows a surge in demand, with RIAs and broker/dealers alike pursuing greater flexibility and tax efficiency.
Asset managers eye dozens of new cryptocurrency ETF listings as the federal regulator streamlines approval process and shortens launch timelines.
"One thing that I'm really excited about is the largest wealth management platforms in the US getting comfortable with their advisors and clients accessing Bitcoin and Ethereum ETFs for the first time," Stoddard, head of wealth management platforms and due diligence, said.
The firm's new fixed-income vehicles, launched under its own name, represent a full-tilt bet on the future of active exchange-traded funds.
Active ETFs are on a roll as advisors load them into client portfolios.
