The prospect of aggressive Fed action propelled the benchmark 10-year Treasuries back into ranges seen in 2018 and 2019.
Black Americans increasingly turn to newer types of assets, like cryptocurrency, that are less likely to be associated with structural discrimination, according to a study from Ariel and Schwab.
The deal pushes Millennium up to 5 million individual client accounts and $47 billion of total assets under administration.
The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.
Investors in the $1.6 billion of bonds issued by GWG face dire consequence if the alternative asset manager files for bankruptcy.
Designed to go up in value when rates rise, the FolioBeyond Rising Rates ETF is well suited to the current environment.
The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.
The Avantis Responsible U.S. Equity, International Equity and Emerging Markets ETFs join Avantis’ current line of 11 exchange-traded ETFs.
Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.
Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.
According to the SEC, Ambassador Advisors generated at least $777,000 in fees by investing in 12b-1 share classes when other share classes were available for the same mutual fund.
Instead, retail investors are moving toward buying mutual funds and ETFs, which have roughly doubled their holdings of municipal securities over the last decade.
Private equity firms Clearlake Capital Group and Motive Partners announced the acquisition of Beta+ this week and plan to use the tech to enhance wealth management firms they already own.
The Securities and Exchange Commission wins its case against Jonathan Dax Cooke for fraudulently selling variable annuities to hundreds of federal employees.
The asset manager is jumping into liquid alternatives, citing its clients' interest in diversifying.
The firm's CEO said the war will prompt countries to reconsider their reliance on traditional money and payment systems.
Dempsey Lord Smith and BD4RIA were negligent in 2018 when they failed to inform clients that GPB had missed a deadline for filing financial information, according to Finra.
