Envestnet’s Strategy Opens Window Into Future of Independent Advice
A discussion with Bill Crager and Stuart DePina of Envestnet shows where independent advisors are going and who their partners will be.
New Hire Roundup: Marvin Davis Goes to Edelman Financial Services
Also this week, Michele Buck was elected to the board at New York Life, and Lisa Parry Howard and Kathleen Parsons joined New York Private Trust Co.
Don’t Panic-Sell Your Bonds Just Yet: Vanguard Talks Investors Off the Ledge
As fears of a 'great rotation' hit the bond markets, fixed-income experts at Vanguard, Morningstar and more are coaxing panicky investors off the ledge.
Why Bogle Is Dead Wrong on ETFs
Everyone has heard about love at first sight. But what about hate at first sight? The latter describes John Bogle’s long-lasting hate affair with ETFs.
New Hire Roundup: BlackRock Names Shedlin CFO
This week in new hires, Gary Shedlin was named CFO of BlackRock, and Mary Justice was named Seattle market leader for the Private Client Reserve of U.S. Bank.
Vanguard’s Brennan: Embrace Innovation, Beware Proliferation in ETFs
At the InsideETFs conference, Vanguard Chairman Emeritus Jack Brennan says now is “the best time ever” to be a financial advisor, and ETFs are one of the key reasons.
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.
ETF Addicts to Get Fill at Year’s Biggest Event
The world’s largest gathering of advisors, investors and service providers focused on exchange-traded products opens Sunday in sunny Florida where the temperatures should be about 80 degrees but where discussions of “hot” relate strictly to investments.
Demographic Nightmare: Boomer Retirement Disaster Looms
"We’re living into our 80s, 90s and 100s," says Wilmington Trust's Kathryn Karlic. "We’ll have four generations around a single pocket of wealth, with 80-year-old women taking care of their 100-year-old parents."
5 ETF Megatrends for 2013
It's a busy product space for advisors to keep up with, and that won't change in the coming 12 months.