BlackRock’s Koesterich: 3 Strong Headwinds Hampering U.S. Economy
At Morningstar ETF conference, BlackRock and iShares’ chief investment strategist sees demographics, debt and wage stagnation keeping GDP growth in check.
WBI Investments Launches 10 ETFs, Attracts $1 Billion-Plus in Assets
WBI’s Don Schreiber says actively managed ETFs are the “next frontier” for ETF growth.
New Hire Roundup: Senate Confirms Social Security Advisory Board Members
Meanwhile, Mike DiCenso joined Mesirow Financial as managing director and head of national sales in its investment strategies division.
How Advisors Use Educational Tools for Their Clients
A Practical Perspectives study examines client-approved resources, including where advisors get them and which topics are most sought after.
With BlackRock Exit, Who Will Fill Target-Date ETF Void?
ETF expert Ron DeLegge predicts Schwab market entry; meanwhile Ron Surz enters the marketplace with a loss-avoidant product.
What's Next for ETFs and the 401(k) Business?
Blackrock's iShares will close 9 target-date funds and 9 other ETFs geared for the retirement market.
Micro-Investing App Lets Users Invest Spare Change
The app, Acorns, has no minimum account balance and uses ETF portfolios designed with the help of Nobel laureate Harry Markowitz.
Wells Fargo, U.S. Trust, Raymond James Add Teams From Rivals
Plus, a wealth group of five advisors affilates with LPL Financial in Wisconsin.
With Oil Prices Down and Demand Slowing, Are Energy Stocks a Good Play?
BlackRock's Russ Koesterich makes the case that energy company stocks remain attractive and deserve a place in the portfolio.
New Hire Roundup: American College Names Johnson President and CEO
In another personnel move, Advisor Software has hired Charles Brown as vice president of business strategy.