In a Tech Merger, Don't Panic
The first quarter of 2015 was busy for technology companies that serve advisors, as many were acquired or sold a significant portion of their company.
Investor Sentiment Hits New Peak in Q1: John Hancock Survey
Most investors believe now is a “good” or “very good” time to invest, according to John Hancock's quarterly survey.
Top Portfolio Products: Nasdaq to Launch Energy Futures Market
SunGard introduces managed investment solution; Envestnet rolls out online education.
Hearsay Social Names CFO
William Salisbury, Hearsay's first CFO, has worked for Morgan Stanley, Avast Software and other firms.
Top Portfolio Products: Vanguard to Launch Alt Fund
The fund giant plans to add the new fund into its popular managed-payout product.
Fidelity, Schwab Custodial Platforms Take Center Stage as T3 Kicks Off
Fidelity Institutional unveiled its new WealthCentral Technology bundle for breakaway advisors, and Schwab added Redtail CRM and an Orion service to its OpenView Gateway.
Enforcement Roundup: Ex-CCO Sues Over ‘Defamatory’ Form U5
In another action, the SEC charged five offshore entities with offering and selling unregistered penny stocks.
PE Firm TA Associates Acquires Majority Stake in NorthStar Financial
Management of CLS Investments, Gemini and Orion will remain, looking to complement organic growth with the private equity firm's capital and expertise in acquisitions.
DIY Investing on a Growth Tear
Self-directed investment is growing much faster than the rest of the market, and online platforms' user bases are getting more diverse, a Scivantage study found.
Obama’s $4 Trillion Budget Sets Up Tax Fight With Congress
The budget would raise taxes on corporations and top earners, spend more on infrastructure and housing, and stabilize, but not eliminate, the annual budget deficit.