‘No Fee Compression on Our Advisors’: Raymond James CEO
Paul Reilly discusses retention, recruiting efforts and compliance issues during the yearly indie advisor event.
Michael Lewis: A Warning for Index Investors From the Oakland A's
At Morningstar conference, the author of "Moneyball" talks about what indexers in particular should learn from his baseball book and what he thinks of Trump.
Vanguard Announces Fifth Round of Fee Cuts Since December
The latest round include cuts on the world's largest stock and bond funds, the Vanguard Total Stock Market Index and Total Bond Market Index funds.
Anthem Loses D.C. Circuit Bid to Revive Cigna Merger
The three judges on the panel split 2-1 — and they wrote three separate opinions.
Congress Does Bare Minimum to Keep Government Open Next Week
The stopgap funding bill averts a shutdown on President Trump’s 100th day in office; lawmakers to continue talks on a broader financing bill.
MetLife CEO Says Industries Must Forfeit `Sacred' Tax Preference
Steven Kandarian argues that progress requires companies to let some sacred cows expire.
Fintech Isn't Solving Industry's Diversity Problem
According to Morningstar's Don Phllips, finance is "a community that serves rich white men very well." Josh Brown says society is negligent on financial education.
SEC Fines BlackRock RIA $1.5 Million
The fine settles a compalint that the BlackRock RIA had operated a Russia ETF without obtaining the correct exemptive relief from the Investment Company Act.
Sen. Warren: Financial Choice Act an ‘Insult to Working Families’
The bill is "immoral" and “about throwing people under the bus so that lobbyists can do the bidding of Wall Street,” Warren said Friday.
House Postpones ACA Budget Bill Floor Fight
Pete Sessions says he wants to see Republicans measure three times and cut once.