A new Morningstar report presents proxy voting as a backdoor entry to ESG investing for retirement plan participants. As advocates pressure for simpler proxy voting procedures, retail investors could gain considerable leverage.
The B-D's $1.3 million settlement with the regulator involves its failure to supervise adequately a complex series of transactions involving variable annuities and whole life insurance policies.
The Biden administration's record-setting government spending is seen as a path to higher inflation.
Ironic that the boost in oil prices is helping funds aimed at supporting firms with strong environmental, social and governance scores.
Exchange-traded funds are generally more tax-efficient, spinning off fewer capital-gain disbursements that for some could soon become a lot more costly.
The court found that the rule was unconstitutionally vague and gave the state too much latitude to find violations.
In a filing Wednesday, the agency said it was postponing its decision until June 17. Optimism has been growing that the SEC may finally approve a Bitcoin ETF launch this year.
The agency lending platform joins a compact group of less than a dozen companies that enable funds to lend securities to be sold short.
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
Halo Investing will offer fixed, variable and registered index-linked annuities from several carriers.
Financial advisers continue to recommend hefty cash reserves yielding almost nothing and losing ground to inflation, under the premise that safety trumps yield.
The wirehouse reported strong results, but also disclosed a significant hit from trading losses after the implosion of the family office and hedge fund Archegos Capital Management.
The actively managed fund is expected to be available as soon as this summer, and NYDIG will be the custody provider.
The number of carriers on its RIA custodial platform increased to 20 from seven and the number of fee-based products rose to 70.
The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.
After 12-month returns in the triple digits, investors got a wake-up call when ESG funds came crashing back down to earth.
While it's simple to choose annuity providers based on price and payout rates, those costs and rates can change frequently, so the best options today might not be as good in several years, a new report concludes.
The bank's analysts credit the global pandemic with stirring investor demand for companies doing good, and also cite the frenzy for tech-focused thematic funds, many of which fall within the environmental, social and governance category.
The cryptocurrency fell by as much as 15% Sunday, after hitting a record high of more than $64,000 last week, and rival coins like Ether and XRP also plunged.
Bitcoin hit a record of more than $64,000 as Coinbase Global Inc., the largest U.S. cryptocurrency exchange, went public last week. Advisers and Wall Street have reached an inflection point when it comes to cryptocurrencies.
