Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Schwab to Launch Money Market ETF
By Dinah Wisenberg BrinSchwab will follow BlackRock and Texas Capital into this new ETF niche.
March 20, 2025
Stifel Hit With Class Action Suit Over Cash SweepsIn 2023, the firm earned 6.08% on deposits and paid as little as 0.01%, the complaint states.
March 20, 2025
Best & Worst Firms for Investor Satisfaction: J.D. Power, 2025A quarter of DIY investors are likely to seek professional advice in the next year, the research group finds.
March 20, 2025
SEC Releases New Marketing Rule FAQs on PerformanceThe updated guidance answers questions on advertising extracted performance and portfolio characteristics like Sharpe ratios and yields.
March 19, 2025
For Advisors, DC Plans Offer More Opportunity Than Competition"Retirement managed accounts" could boost advisors' visibility and create rollover opportunities.
March 19, 2025
Morgan Stanley Plans About 2,000 Job CutsThe plan was set in motion before the recent market tumult, sources said.
March 18, 2025
72% of Advisor Revenue Is Fee-Based: CerulliIn contrast, commission-based revenues have plummeted to 23% of an average advisor’s revenue, the study found.
March 17, 2025
Gold Tops $3,000 as BofA, Citi Stay BullishConsumer confidence has plunged, inflation expectations have surged, and analysts have been hiking their price targets.