Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Trump Advisor Calls to End Muni Tax Break
By Zach C. Cohen and Amanda Albright“You want to tax the rich? This is a good way to do it,” said Stephen Moore.
March 20, 2025
Asset Managers Are Taking On Investors’ Negative View of Annuities: ReportThe stigma is strong among the public and, increasingly, with financial professionals, Cerulli research found.
March 20, 2025
Stifel Hit With Class Action Suit Over Cash SweepsIn 2023, the firm earned 6.08% on deposits and paid as little as 0.01%, the complaint states.
March 20, 2025
Best & Worst Firms for Investor Satisfaction: J.D. Power, 2025A quarter of DIY investors are likely to seek professional advice in the next year, the research group finds.
March 20, 2025
SEC Releases New Marketing Rule FAQs on PerformanceThe updated guidance answers questions on advertising extracted performance and portfolio characteristics like Sharpe ratios and yields.
March 19, 2025
For Advisors, DC Plans Offer More Opportunity Than Competition"Retirement managed accounts" could boost advisors' visibility and create rollover opportunities.
March 19, 2025
Morgan Stanley Plans About 2,000 Job CutsThe plan was set in motion before the recent market tumult, sources said.
March 18, 2025
72% of Advisor Revenue Is Fee-Based: CerulliIn contrast, commission-based revenues have plummeted to 23% of an average advisor’s revenue, the study found.