Fidelity Partners With Morningstar, Goldman, CAIS to Bring Alts to Advisors
The new platform will provide access to products like hedge funds, private equity funds and '40 Act mutual funds.
How New Deferred Annuities Provide Income Early in Retirement
Creating products to provide sustainable retirement income for the diverse group of baby boomers just entering retirement has presented a big challenge for insurance companies, but they’re stepping up.
The Times Editorial, Fiduciary Duty and the Levitt Rule
What is unethical? Not a broker-dealer that sells proprietary product, but one that just meets fair-dealing suitability rules while simultaneously telling investors that “We always place our clients first.”
Alternatives Stay on Growth Path
Advisors, asset managers and institutions are increasingly turning to alternative investments to help clients boost returns while supporting the growth of assets under management.
Russell Expands ETF Lineup
Russell Investments introduced the Russell High Dividend Yield ETF (HDIV) and Russell Small Cap High Dividend Yield ETF (DIVS).
Envestnet to Acquire Tamarac for $54 Million; Gets Entrée to Higher-End RIAs
Portfolio technology provider Tamarac has 500 advisor firm clients; will become separate division within Envestnet, which will use available cash to fund the acquisition.
Multi-Family Offices Moving to Pooled Investment Vehicles: Cerulli
Family offices’ increasing use of pooled investment vehicles presents an opportunity for wealth managers, Cerulli reports. Family offices also pick vehicles with potential for superior after-tax performance.
Product Recall Insurance Debated in Wake of Egg Recall
In the wake of the recall of over half a billion eggs due to contamination by salmonella, economic losses are still being calculated; how much of those losses are insured is yet to be determined.