Whistleblowers cited in Times article say the pension giant pressured reps to push expensive managed accounts.
Putting clients in expensive share classes instead of lower-cost ones hurts investors, chairman says.
The number of ESG funds has increased sharply over the past few years, and interest is growing among advisers.
Intuitive Investor platform requires at least $10,000 in assets and has a 50-basis-point fee.
Market-driven gains and active-fund outflows mean high distributions.
Firm settles charges that it failed to provide less expensive share classes.
Professionals say the WSJ article's point isn't exactly new, but that fund companies might be misleading investors by using the ratings in ads.
Pressure is now on rival funds to offer strategies the firm can't find at home.
A Wall Street Journal article argues that the company's fund ratings have no predictive power.
Despite the huge market run-up, there are still plenty of areas from which to harvest losses.
Energy, real estate and small-cap value funds have struggled this year compared to other categories.
Removing impediments for potential issuers creates a bigger market, and perhaps more assets for BlackRock.
Bank of America unit omitted two years' worth of transactions, incurring a U.K. penalty under European markets regulations.
Extending free trading of Vanguard and iShare ETFs to January.
The Baltimore-based mutual fund giant is more aggressively targeting financial advisers with a beefed-up wholesale crew and placement on custodial platforms.
Reductions range from 5 basis points to 48.
The program will parse regulatory filings and more than a million news stories to establish a portfolio of 30 to 70 stocks.
The actively managed EventShares funds aim to track Republican, Democratic policies.
Reductions range from five to 48 basis points and three funds will track new indexes.
TD Ameritrade has expanded its commission-free exchange-traded funds platform to 296 from 100, effective Oct. 17.
