The Fidelity CEO, along with the president of personal investing, discuss record earnings, allegations of sexual misconduct and the challenges facing a changing industry.
The move follows Fidelity's debut of zero-fee index funds and the 40% drop in overall fund fees over the past two decades.
Whether it's crude oil, General Electric, bitcoin or bonds, things keep blowing up
With the measure's demise, will the SEC's advice reform sustain the momentum?
Products that employ derivatives to boost their returns threaten the reputation of the ETF market, says Robert Jackson.
Rising Nasdaq volatility reflects investors' skittishness about the sector.
Broker-dealer returns to investors the nearly $900,000 it gained by placing clients in higher-cost funds.
Exchange-traded funds' greater liquidity through the secondary market might leave them less damaged than other alternatives, JPMorgan strategists say.
USAA will continue to operate as an insurance brokerage and banking business<a href="https://www.investmentnews.com/article/20170930/FREE/170939998/armed-forces-personnel-need-the-help-of-financial-advisers" style="color:#b10816" target="_blank">​ </a>serving military families.
Trade tensions and the prospect of the U.S. economy overheating could limit any upside in stocks.
Two ETFs that invest in Treasury bills drew a combined $1.5 billion last week.
Growth managers did the worst, while value managers managed a better showing.
Experts say rally of the last three days propelled by buyback of ETFs and stocks.
Firm will repay $447,000 to clients it overcharged for more than seven years.
$4.7 billion funneled into US-listed funds in October was light compared to $23 billion or more during each of three previous months.
The broker-dealer lost 56 brokers and advisers in the third quarter, and not all of them low-producers the firm wants to shed.
Proposal would bar leveraged products from describing themselves as exchange-traded funds
As interest rates head higher, pushing bond prices down, advisers seek safety in individual bonds.
Funds that track areas like small-cap stocks and semiconductor manufacturers are seeing inflows.
Flows into two big exchange-traded funds tracking the S&P 500 were the highest in over a month.