Largest ETF Firms Still See Ample Room for Growth
“Only 3% of households today own ETFs; less than 50% of FAs use ETFs on a regular basis,” said ProShares CEO Michael Sapir at the InsideETFs Conference.
Schwab Rolls Out ‘Game-Changer’: A Commission-Free ETF Platform
The new OneSource platform sets no limit on how many trades advisors can make with 105 ETFs on offer.
SEC’s 16 Biggest Penalties Since Financial Crisis
The SEC recently released a roundup of its financial crisis enforcement actions, highlighting some of the more than 150 firms and individuals the agency has levied charges against since 2008.
Money Floods Into Stocks via ETFs as Industry Hits 20-Year Mark
Last year marked an all-time high for the industry on the eve of its 20th anniversary, and ETFs are soon expected to surpass a record $2 trillion in global assets.
Top 25 Fastest Growing Mutual Fund Managers for 2012
Little surprise, star manager Jeff Gundlach's DoubleLine tops the list of the fastest growing actively managed fund managers, but who else made Strategic Insight’s list?
‘Increase My Savings Rate,’ Employees Demand
Younger workers, coined "Generation DC," make their feelings known to employers in a State Street survey.
ETF Assets Reach Record $191 Billion
ETF flows reached $191 billion in 2012, Morningstar’s Michael Rawson reported.
SEC’s Top Cop, Khuzami, to Leave
The SEC’s top cop, Robert Khuzami, plans to leave the agency later this month after four years as its enforcement director, the SEC announced Wednesday.
New Hire Roundup: LPL Financial Welcomes Lochan
This week in new hires, Brendt Stallings and Husam Nazer joined DoubleLine, the MSRB board announced that it is looking for a few good applicants, and Citi named two new co-presidents.
New Hire Roundup: Beale, Kayajanian Join Security Benefit; DOL Picks New ERISA Council Members
This week in new hires, Security Benefit welcomed George Beale and Jeffrey Kayajanian, CapWealth named Phoebe Venable president and COO, and the DOL named five new ERISA Advisory Council members.