Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.
Wells Fargo Hits Q2 Earnings Target on Mixed Results
The wealth unit has slightly weaker profits and sales than a year ago, according to the bank.
Betterment Assets Top $5 Billion; Firm Hires Its First CFO
Betterment CEO Jon Stein says assets are five times what they were just 18 months ago.
JPMorgan Beats Estimates on Higher Sales: Q2 Earnings
The bank, which has 2,620 advisors, saw its profits fall slightly from last year to $6.2 billion.
Recruiting Roundup: Dynasty Adds Group From Lebenthal
Meanwhile, several wirehouse reps help form a new RIA in Cleveland; Betterment adds a CFO and hits $5 billion in AUM.
5 Strategies to Attract Millennial Advisors
Hartford Funds convened a roundtable of millennial advisors to discuss what the industry needs to do to attract them.
Bank Earnings Could Drop 12% in Q2: FactSet
As JPMorgan is set to report earnings, investors and analysts continue to express concerns about banks and other financial services firms.
Wells Fargo’s Mack Jumping to Retail Banking Unit
Company names Brand Meyer interim head of Wells Fargo Advisors as it seeks replacement for Mary Mack.
Swiss Order UBS to Give Up Client Details
UBS Group is fighting a demand that it provide information on French clients to tax authorities.
Top Portfolio Products: 4 Firms Add ETFs; Fidelity Cuts Fees
State Street and AccuShares introduce sector ETFs; Guggenheim and Deutsche Asset Management launch "smart" ETFs.