Vanguard’s Davis: Persistent Level of U.S. Debt ‘Biggest Issue of Our Lifetime’
Vanguard’s chief economist says that U.S. must tackle the spending/revenue imbalance, but also that we’re near a “third industrial revolution.”
LPL Lands Retirement Plan Deal With New York Life
This comes on the heels of the broker-dealer’s news of a similar program with Vanguard in August.
Top Portfolio Products: Vanguard Takes Another Shot in ETF Fee War
Vanguard cuts fees on its 500 Index Fund ETF via a reverse share split, and Franklin Templeton launches two new global funds.
Loring Ward Makes Push to Pull More Advisors Into Retirement Plan Market
A series of webinars and a conference aim to support financial advisors interested in expanding their retirement plan business.
LPL Makes Retirement Plan Deal With Vanguard, Ascensus
The arrangement gives LPL advisors the chance to do business with more than 1,000 retirement plans holding more than $2 billion in assets.
Top Portfolio Products: Decker & Co. Launches With Focus on Southeast Asia
New products introduced over the last week include a suite of large-cap equity funds from Nuveen and four new corporate term bond ETFs from BlackRock.
Best Firms for Self-Directed Investors: J.D. Power—2013
The survey finds that, with some exceptions, investment firms are not communicating well when it comes to fees, online tools and products.
Bogle Blasts Financial Industry, Calls Compensation a ‘Disgrace’
Industry elder statesman and Vanguard founder John Bogle did not refrain from speaking his version of truth to power at Morningstar’s investors conference, condemning the financial industry’s grip on corporate America.
State Street, BlackRock Earnings Reflect ETF Momentum
ETF provider Vanguard also tops Morningstar’s list of fund-flow assets for March 2013.
Advisors Beware: Silicon Valley’s Jemstep Targets Underserved Mass Affluent
For a fraction of brokers' fees, Jemstep offers buy/sell trade ideas for an individual’s 401(k), IRA and brokerage accounts.