Fidelity Plans to Merge 3 Funds, as Assets Hit $3.5T
By Jeff Berman | Bernice NapachOne planned fund merger affects the flagship Magellan fund; meanwhile, the number of new RIA client accounts grew 164% from last year.
November 26, 2020
10 Classy Holiday Gifts for Clients Under $100There are plenty of fun ways to both delight clients and comply with regulatory rules on gift giving.
November 25, 2020
How to Convince Clients That Downturns Are OpportunitiesWhen markets turn volatile, it's "natural" for investors to get nervous, but research shows advisors can help them adjust in beneficial ways.
November 25, 2020
Cambridge Partners With AdvicePay: Tech RoundupAlso, FSP teams with Chalice Network to create FinTech Institute, and Wells Fargo invests in a donor-advised fund program.
November 25, 2020
Former TD Ameritrade Exec Won't Return to FordVijay Sankaran, who spent the past seven years leading technology at TD Ameritrade, won't be rejoining his former employer after all.
November 24, 2020
What BlackRock's Latest Deal Means for Rivals, Advisors"It's no surprise the biggest players are rushing in to buy these [direct indexing] capabilities to protect their turf," says consultant Tim Welsh.
November 24, 2020
CI Financial Strikes 10th U.S. Wealth Deal of the YearThe Toronto-based firm is acquiring a majority stake in Dallas-based RGT Wealth Advisors.
November 23, 2020
BlackRock to Buy SMA, Custom Index Shop for $1.05BThe news comes about six weeks after Morgan Stanley agreed to buy Eaton Vance — which includes direct indexer Parametric.