Fidelity Launches Fiduciary Program to Support Retirement Advisors
Fidelity recently launched a new program to help advisors meet their fiduciary responsibilities when advising retirement plan clients.
Top Portfolio Products: American Funds, Well Fargo Add New Series, Changes
Also, AccuShares adds ETFs that track VIX, while Lincoln Financial launches a universal life product.
Another Merit Badge for Liquid Alternatives?
When the curtain came down on 2014, liquid alternative funds surprised a lot of people by outperforming hedge funds, their more experienced, more glamorous cousins.
New Hire Roundup: Morningstar Shuffles Leadership
Meanwhile, the SEC has appointed a new equity market structure committee, which includes FINRA CEO Richard Ketchum.
Wilshire Launches Liquid Alt Indexes
The news is the latest in a long line of evidence suggesting the asset class is here to stay.
Openshaw to Lead Financial Women’s Association
Social media expert was most recently president of Finect, a platform for advsiors.
CalPERS Slashes Hedge Fund Allocation
California Public Employees’ Retirement System is taking the ax to its $5.3 billion hedge fund portfolio, with a goal of halving its allocation by September.
$900M UBS Group Moves to Dynasty; LPL Team Jumps to Raymond James
The New York-based team going independent includes four former wirehouse advisors, while the LPL group has three reps at $310 million in assets.
Dynasty Adds $1 Billion Texas-Based Wealth Team From Credit Suisse
Dynasty continues to build … well, a dynasty, at least in the independent advisory space.
New Hire Roundup: U.S. Bank Names Jeppson CIO of Private Client Group
This week in new hires, Mary Martuscelli joined The Private Client Reserve as west region president, and Moss Adams announced a transition in leadership.