From the January 2010 issue of Investment Advisor • Subscribe!

Upgrades

Fidelity said it had helped a record number of brokers 185 individuals and teams--transition to some form of independence through November 2009

...Research Affiliates, whose founder and chairman is Rob Arnott, has received a patent on its Research Affiliates Fundamental Index (RAFI), for the way it creates its fundamentally-weighted indexes

...Old Mutual Global Index Trackers has launched its GlobalShares FTSE Emerging Markets Fund [GSR] ETF on the New York Stock Exchange, and for a limited period will cap the fund's operating expenses (other than brokerage or other transaction-related expenses, taxes, interest, litigation expenses and other extraordinary expenses) at 0 basis points

...Trust Company of America, which specializes in providing asset custody and technology services to fee-based RIAs, reported that its total assets under custody (AUC) has surpassed $9 billion. Trust Company of America has nearly quadrupled its AUC in the last four years

...State Street Global Advisors reported that assets in the U.S. ETF industry reached all-time, month-end high, to $739 billion as of November 30, after climbing $50.3 billion, or 7.3%, during the month

...iShares launched two new bond ETFs, the iShares 10+ Year Credit Bond Fund (CLY) and the iShares 10+ Year Government/Credit Bond Fund (GLJ)

...A study commissioned by Scottrade Advisor Services found that 49% of RIAs surveyed experienced growth in their client bases in the past year, that 41% reported an increase in their client base of greater than 10%, and that 47% thought the "economy had a positive impact on their clients' level of satisfaction with their services."

...Cabinet NG has launched a new version of its document management and workflow software application, CNG-SAFE, which works with Microsoft Windows 7/Microsoft Windows Server 2008 R2.

Reprints Discuss this story
We welcome your thoughts. Please allow time for your contribution to be approved and posted. Thank you.

Most Recent Videos

Video Library ››