Raymond James Sees Growth in RIA Unit; Adds Social Media, ETF Offerings
Relaunched and reinvigorated RIA custody unit has 110 RIA clients with $10 billion in AUM, adds Hearsay Social platform and 120 no-transaction-fee ETFs.
Top Portfolio Products: New ETFs With Dividend, Income Themes
Highland Capital Management launches nontraded product line; more.
Top Portfolio Products: Incapital Launches Farmer Mac Notes Program
Meanwhile, a new partnership between PwC and Salesforce.com allows wealth managers to use the cloud for numerous functions.
Advisors’ Favorite Value-Add Programs: Social Security, Search for Yield
American Funds and JPMorgan offer the most popular value-add programs while PIMCO falls off Top 10 list, new survey finds.
Top Portfolio Products: First Trust Rolls Out Tactical Commodity Fund
Innealta Capital offers fund of ETFs; new robotics/automation index from ROBO-STOX.
Cowabunga! Testing the Active ETF Wave
Actively managed ETFs are a fast-growing niche, rife with benefits and challenges.
Top Portfolio Products: DoubleLine Plans Fund With Shiller Benchmark
Franklin Templeton adds four new target date funds; First Trust introduces international multi-asset diversified income fund.
Top Portfolio Products: First Trust Launches Managed-Futures ETF
Global X offers an MLP and energy infrastructure ETF, while DMS Funds rolls out a Poland-focused index fund.
Top Portfolio Products: PIMCO, Vanguard Launch More EM Bond Funds
In addition, Vanguard says it will no longer accept new fund flows into the Wellington and Intermediate-Term Tax-Exempt funds.
How First Trust’s Wesbury Learned to Stop Worrying and Love the Sequester
The outspoken chief economist of First Trust Advisors is taking Nouriel Roubini, Bill Gross and others head on in his view of the sequester in a new outlook.