Fidelity Names Abigail Johnson CEO to Succeed Father, Ned Johnson
Ned Johnson tells shareholders he will stay with Fidelity as chairman.
Fidelity Launches Actively Managed, Fixed Income ETFs
Fidelity Investments is expanding its ETF offerings with a suite of actively managed fixed income funds.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
1 in 4 Gen Yers Trust ‘No One’ for Financial Advice
People starting their careers often don’t know whom to trust for advice, so many don't turn anywhere, Fidelity found.
Focus, Dynasty Add Teams; Morgan Stanley Grabs 4 FAs With $660M
Boutique firms continue to attract registered reps, including some from the wirehouse firms.
IRI Elects LPL’s Moore Board Chairman
New IRI Board members include Larry Roth of Cetera, Erica McGinnis of AIG Advisor Group and George Riedel of USIS.
3 Ways to Address Advisor Shortage
It’s not that Gen Yers don’t care; they just don’t know about the career opportunities the financial services industry can provide.
12 Worst Financial Advisors in America: 2014
Stealing huge sums from clients and bilking military veterans and disaster victims are just some of these advisors' egregious actions.
Fidelity Co-op Bank Must Set Up $3.5M Investor Relief Fund
The $1.1-billion Ponzi scheme required investments of $280 or $1,375 in TelexFree, according to Massachusetts and federal authorities.
How to Join 9,000 Taxpayers With Romney-Sized IRAs
If it seems impossible to amass a fortune in an IRA during your lifetime, think again.