Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
The History of the Financial Planning Profession, Part 1
By Dan JohnsonLet's take a look at how the profession has evolved so we can better understand where it's going.
September 28, 2021
Fidelity Rolls Out Fractional Share Trading for AdvisorsFractional share trading for stocks and ETFs is now available through Wealthscape,Fidelity's advisor technology platform.
September 27, 2021
DFA Launches Digital SMA Platform, Slashes Minimum InvestmentThe tech-enabled platform cuts the SMA investment minimum to $500,000 from more than $20 million.
September 24, 2021
Ex-OppenheimerFunds Analyst Charged With $8.5M Insider Trading SchemeThe former analyst and current CEO of healthcare tech firm WellAI is accused of front-running trades.
September 17, 2021
Northern Trust Names New CIOFormer Fidelity exec and hedge fund founder Angelo Manioudakis begins the new gig on Sept. 27. He replaces Bob Browne.
September 17, 2021
Schwab to Raise Fees for Retail Investors Buying Vanguard, Fidelity, Dodge & Cox FundsThe 50% fee hike applies to funds for which Schwab isn't compensated for shareholder servicing expenses.
September 17, 2021
State Street, Invesco in Merger Talks: WSJThe tie-up would be a logical one and could push fund fees even lower, ETF researchers say.
September 16, 2021
Fidelity Pushed for Bitcoin ETF Approval in Private SEC MeetingExecutives including Tom Jessop, president of Fidelity Digital Assets, met with SEC officials in a Sept. 8 video call, filings show.