Trendspotter: Why Reg BI Will Push More BDs Into RIA Model
By Melanie WaddellThe compliance costs, and SEC Chair Gensler's signaling that he's serious about enforcement, are accelerating a trend in progress.
May 24, 2021
T. Rowe Cuts Fees on TDFs, Plans New LineupThe resulting asset-weighted average fee reduction is 6.3 basis points for its TDFs and 4.8 basis points for TDF trusts.
May 24, 2021
Cathie Wood Trims Her Biggest Stakes as Ark Funds StumbleArk Invest no longer holds a stake bigger than 20% in any stock, down from three companies in February.
May 24, 2021
Morgan Stanley Adds Racial Equity Investing Tool Kit: Portfolio ProductsAlso, BlackRock, ProShares, WisdomTree, Matthew Tuttle and SonicShares launched new ETFs.
May 21, 2021
Biden Orders DOL to End or Revise Rules Limiting ESG InvestmentsThis is one of several directives in a wide-ranging executive order addressing the government's response to climate change.
May 21, 2021
4 Steps to Prepare Clients for Tax Hikes Under BidenAdvisors need to plan today for how future tax increases will affect their clients.
May 21, 2021
BNY Mellon U.S. Master Trust Universe Posts 2.5% Q1 ReturnEndowments continue to outperform other types of plans, BNY Mellon reported.
May 21, 2021
Treasury Calls for Crypto Transfers Over $10K to Be Reported to IRSBusinesses receiving Bitcoin and other crypto assets valued at over $10,000 would need to report these transactions, as they do now with cash, the department proposes.