After nearly a decade of fighting for regulatory approval of semitransparent ETFs, the asset management industry is realizing what investors really want.
Meanwhile, LPL is launching an effort to pursue wealthier clients.
The Federal Reserve's fight against inflation has turned boring cash accounts into top performers.
Over the past 12 months, the company's shares have fallen from a high of $10.55 to Monday's price of $1.03.
Risk assets of all stripes have been climbing amid optimism that the Fed will dial back the pace of its rate hikes after it announces what's expected to be its fourth 75-basis-point rate hike in a row this week.
Commission revenue for fixed-income investments and annuities increased in the third quarter at LPL.
As investors try to buy the bonds before the rate drops, they're reporting glitches in creating accounts and delays in loading pages on the Treasury website, along with long wait times when calling the helplines.
Financial advisers have until Nov. 1 to help clients lock in the current rate, which drops by a third to 6.48%.
While the high volatility can provide buying opportunities, any effort to call a bottom has been thwarted as yields drifted higher.
'No one is going to want to settle with broker-dealers over GWG claims until the bankruptcy is resolved,' an attorney said about the lawsuit filed by Emerson Equity.
The appeal of the old-school fund wrapper is taking a big hit as investors and advisers move to the sidelines.
The wealth management group attracted $65 billion in net new asset during the quarter, pushing the total this year to $260 billion.
Financial advisers are adding value by finding higher yields for clients' cash balances.
Experts advise taking advantage of higher bond yields while bracing clients for the near certainty of a recession.
I-Bonds Bucket allows users to invest in the securities while bypassing the glitchy TreasuryDirect.gov website.
In an RIA Lab discussion of what investors should expect from alternative investments, panelists note that fees are high and liquidity is limited.
But for sustainability-linked bonds, sales are up 18% year-to-date compared with this time in 2021, according to S&P.
A survey of pension fund managers responsible for nearly $2 trillion worth of assets shows asset allocation decisions are being driven by a focus on climate change and a search for yield.
Advisers are adjusting clients' portfolios to weather the recession that could result from the central bank's response to spiking prices.
Chicago’s Loop Capital Markets helped an unnamed Midwestern city buy fixed-income securities.
