It is the second large group of wholesalers to migrate to another firm en masse from the defunct Realty Capital Securities, a unit of RCS Capital Corp.
It's no secret that strategic-beta exchange-traded products have become a pervasive part of the marketplace, rewarding investors with innovative tools to diversify and fine-tune portfolios in ways traditional market-capitalization-weighted indexes don't allow.
Plus: The failures of 'too-big-to-fail' banks, dividend investing without the dividends, and passing student loan debt along to the taxpayers
Recent SEC filing by the fund giant hints at new funds in the works.
Many advisers are putting investors into low-cost ETFs and simply dumping most of their clients' actively managed funds.
Massachusetts Democrat calls Stamford Harbor a 'mockery' of the SEC's mission.
Does Medicare cover long-term care? Is it as good as employer group insurance? Here are the answers to the top questions from advisers and clients.
Advisers need to communicate that while upcoming account statements may look a bit different than before, the alternative investments in clients' portfolios remain fundamentally unaffected.
High valuations, low interest rates spell lower annual returns of 5% or less; timber seen as best bet
<i>Breakfast with Benjamin</i> Why one analyst predicts the precious metal will hit $3,000 an ounce over the next three years.
The inflow was the most since January 2013, thanks to the market's extreme volatility during 2016's start.
Workers and retirees worry about how to pay for current and future care.
The agency's final reg will allow the asset class to be sold after all.
In complaint, regulator says that almost 95% of VFG Securities' revenues were generated from nontraded REITs and other direct participation programs. B-D owner claims he is the victim of “character assassination."
The firm could create its own REIT sponsor and wholesaler or take a run at an established one like NorthStar Asset Management Group Inc.
Source says firm eyes creating, managing nontraded REITs for brokers and advisers to sell.
RCS was recently closed after paying Massachusetts $3 million to settle charges that it fraudulently rounded up proxy votes for real estate deals.
The money management behemoth can improve the smart beta landscape in three important ways.
Plus: UBS swims against the current toward hedge funds, the dismal history of earnings forecasts, and how not to say goodbye in an email
Bats Global deal seen as 'ice-breaker.'
