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.
Why Bogle’s Wrong on ETFs
It's worth analyzing three key arguments in the Vanguard founder's thinking on exchange traded funds
BlackRock on ETF Fees: Hello, Pot? This Is Kettle
BlackRock is indulging in a bit of “Do as I say, not as I do” with a round of cuts to the fees on some of its ETFs and the introduction of new ETFs with lower fees even as it criticizes other firms for doing the same thing.
Bogle Warns Boomers on Coming Retirement Train Wreck
The near future “is not going to be a fun time for pensioners,” the Vanguard icon said at the Retirement Income Symposium.
The Long View
John Bogle was long a prophet without honor in the financial services industry.