The tight group of marijuana ETFs are up between 28% and 55% in January, anticipating federal approval. For financial advisers and investors, instead of just jumping headlong into cannabis investing, the challenge is traversing a sector that is in limbo.
Overall, the retirement savings products bled $6.7 billion, marking the first such instance of negative net sales since Morningstar began tracking them in 1994, the ratings and research firm reported this week.
A fledgling operation is hoping to turn back the clock by introducing gold bonds that are purchased and repaid with actual gold, a common practice about 90 years ago before FDR’s Gold Reserve Act put the kibosh on all the fun.
Revenue sharing fees ultimately make retirement plans more expensive, and funds that include them are disproportionately favored on plan menus, a recent academic paper found.
There are now five companies offering downside protection through buffered ETFs, and two more firms with products in the filing stages
As control shifts to Democrats, corporate bonds for climate, infrastructure and other projects likely to grow
Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko show, and strategists have cited demand from speculative retail traders, trend-following quant funds, the rich and even institutional investors as among the reasons for the surge
A survey of family offices shows more than a third plan to boost allocations to such funds
Clients are curious about the recent boom in cryptocurrencies, but volatile performance records are keeping some advisers on the sidelines
Only three of the most popular ETF launches last year were BlackRock products, and none were from Vanguard or State Street
Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule
Bow River fund bets a Biden administration won't kill the PE market
The cryptocurrency posted its biggest drop since March after a spectacular new-year rally
The world's largest cryptocurrency topped $34,000 just weeks after breaching $20,000 in December
Vanguard is on track to beat BlackRock in attracting ETF flows for the first time since 2013
Julie Ann Moskin and Retire Happy received fees for selling dubious securities, according to Massachusetts Secretary of the Commonwealth William Galvin
Guests at the RPA Convergence Broker-Dealer Roundtable and Thinktank say it might be a while before annuities are used in many plans.
Agency says advisers, brokers must apply ‘heightened scrutiny’ to sales of risky ETPs
The funds don't report their holdings daily, in an attempt to shield their strategies from front-running or replication by rivals
The conflicts of interest ranged from 12b-1 fees to cash sweep accounts to alternative investments
