DFA request for ETF share classes marks tipping point for legacy fund companies
The $614 billion asset manager is applying a full-court press to take advantage of an expired Vanguard patent.
How to keep junior advisors from washing out before they get started
Wealth management firm explains how it bucked the trend with a 90% retention rate.
Rising assets, rates stabilize wealth management at Wells Fargo
Along with net interest income, the bank’s total client assets also grew.
AI can expose ‘very real’ ESG risks, says UBS exec
For example, artificial intelligence could help with the threat of deforestation by tracking 'land use change and geospatial mapping.'
Wells Fargo shares jump after Q2 results exceed estimates
Bank's net interest income soars on back of Fed rate hikes.
JPMorgan posts record revenue on interest rates, First Republic deal
The firm's $41.3 billion in revenue beat analysts' expectations, fueled by $21.8 billion in net interest income as well as a $2.7 billion gain on its purchase of First Republic.
Retirement provider Ascensus taps Good as new president
Nick Good takes over the role from Ascensus CEO and Chair David Musto, who will now devote more of his time to overall leadership of the organization.
JPMorgan’s Dimon takes a swipe at Bidenomics as ‘political’ interference
The outspoken banking chief also says the government’s $5 trillion stimulus program is fueling inflation.
Charles Schwab announces TD Ameritrade data breach
Tens of thousands of clients could have been affected by huge attack resulting from vulnerabilities found in MOVEit file transfer software.
What’s keeping investment firm compliance officers awake at night?
The Investment Adviser Association reveals the results of its 2023 Investment Management Compliance Testing Survey.
