Displaying 452 results
Financial advisers, analysts shrug off recession fears
Meager economic growth and political fear-mongering aside, financial advisers shouldn't be overly concerned about the threat of a U.S. recession.
Ex-JPMorgan broker gets five years for gambling funds away
A former JPMorgan Chase & Co. broker said he stole millions of dollars from customers because his brain was “hijacked” by an addiction to sports gambling.
Bank stocks bounce hard
Financial stocks were the one of the hottest areas in late 2015, and most advisers believed the trend would carry well into the new year. So what went wrong this year?
The biggest adviser moves for the fourth quarter 2015
Tracking the more than $26 billion in AUM that changed firms late in 2015.
Legg Mason joins the smart-beta ETF space, without calling it that
The firm joins Goldman, JP Morgan and John Hancock by jumping into the ETF space with passive strategies based on proprietary quantitative research.
BlackRock, Pimco, JPMorgan all back this bond trade
Diving into the riskiest parts of Europe's government bond market proved to be a clear winner this year, and firms like BlackRock, Pimco and more are betting 2016 will be no different.
Securitization makes a comeback
Breakfast with Benjamin: Securitization comes back and it's not all bad...Plus, how JPMorgan is positioned for rising rates, Deutsche Bank suspends currency traders, GM pays a dividend, and more minimum wage math.
JPMorgan to pay more than $300M in settlement over wealth management conflicts
Allegations include that the bank didn't disclose its preference for putting clients' money into its own investment products.
JPMorgan Chase to pay $4M to settle SEC charges that it misled customers on broker comp
Firm falsely claimed brokers in banking unit were paid based on client performance, regulator charged.
Third Avenue rattles the junk bond market
Plus: JPMorgan's David Kelly second-guesses the Fed, MLP investors hang on for dear life, and Joe Montana gets his VC groove on
Next target for Galvin? Banks and cross-selling
Massachusetts regulator looking at whether financial institutions violated any laws.
Active fund managers took it on the chin in the third quarter
Breakfast with Benjamin: The third quarter was not kind to active fund managers, with two-thirds unable to beat their benchmarks.
Edward Jones’ proprietary funds are outselling nearly all active managers
Firm has raised $8.1 billion for its seven Bridge Builder funds this year as it moves money from its fee-based platform.
Gen X lags boomer generation in retirement savings: Study
Younger adults can't use their parents' generation as a sound template for their retirement savings.
Successful go-anywhere bond funds kept bets in check – but was performance due to skill or luck?
New analysis suggests the difference between top and bottom unconstrained funds was Treasury exposure and the effectiveness of the manager's market timing.
First Goldman Sachs ETFs are cheaper than some from Vanguard
New ActiveBeta funds, which try to beat the market, give Goldman a foothold in ETFs.
J.P. Morgan turns to Schwab to sell passive funds
J.P. Morgan Asset Management, the top-selling stock-picking fund manager for the past two years, is getting help selling its index-tracking ETFs from Charles Schwab.
Massachusetts’ Galvin to investigate alternative fund sales by advisers
Sales of 25 top 'liquid alts' mutual funds will come under greater scrutiny from the state regulator.
Advisers who fled Pimco Total Return pay a price in 2015
Funds that won money from Pimco lag Bill Gross' replacements this year, but advisers say it will take more than a few months of outperformance to win back their business.
Ex-JPMorgan banker partnered with his dad in a multi-year insider-trading ring
Breakfast with Benjamin The banker was caught sharing insider information with his dad, who then used golf jargon to try and disguise the scheme.
