Plus: The case for active management, hedge fund ETFs, and debunking some money myths
They made up 26% of buyers in first half of 2016, up from 11% in the first half of 2015
But it's tough to know if the ETFs' investing rules produce superior returns.
MAXIMAI will focus on ultra-high-net-worth clients internationally.
The insurer, which is moving to a "self-directed call center" approach for certain investment products, is among the few companies which has publicized plans for compliance with the DOL rule.
Brokerage firms tend to win disputes over promissory notes.
CEO Ron Kruszewski had indicated in November that the B-D's lower margins were dragging down the wealth management group.
CEO Ronald Kruszewski says brokerage “took advantage of the decline in equity markets.”
A surprising six in 10 Americans say, regardless of who wins, the election is going to hurt the economy.
A surprising six in 10 Americans say, regardless of who wins, the election is going to hurt.
While some agree with the firm's logic underpinning the product, they question whether the product can overcome some of the traditional hurdles of managed accounts.
The Labor Department, however, offered a rebuke to the recommendations, saying they would erode consumer protections.
One-third of family offices have lowered what they charge new clients, survey shows.
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Agency says it will pay particular attention to firms that employ advisers with rogue histories at broker-dealers to ensure the hires are properly supervised. <b><i>(More: <a href="http://www.investmentnews.com/article/20160612/FREE/160619986/firms-on-the-hook-for-hiring-bad-brokers"_blank">Editorial: Firms on the hook for hiring bad brokers</a>)</i></b>
'This is a big, big moment,' according to DoubleLine Capital's chief investment officer. 'Interest rates have bottomed.'
Performance anticipation push financials to the head of the pack in August.
Plus: Deutsche Bank selloff linked to Obama administration leaks, knowing your active commodity ETF, and the real cost of “free”
The industry fails investors by clutching to a long-gone past, rather than moving forward by offering proven, updated investment approaches offered to large institutions.
