Economy & Markets
The important economic and stock market news that advisors need to know.
7 Talking Points to Demystify ETFs for Clients
By Dave S. GilreathETFs are ubiquitous, but your clients might not understand them.
January 27, 2023
Vanguard Net Inflows Drop Nearly 50% in Tough 2022 MarketAUM dropped to $7.2 trillion from 8.5 trillion at the end of 2021.
January 27, 2023
Fidelity Launches 12th Active Fixed Income ETFThe exchange-traded fund, with a 0.55% expense ratio, seeks a high current income level and capital growth.
January 27, 2023
15 Best States for Retirement: 2023These states boast reasonable living costs along with good quality of life and health care, WalletHub finds.
January 27, 2023
Goldman Sachs Slashes CEO Solomon's Pay About 30%His package includes a $2 million base salary and $23 million in variable compensation, mainly in restricted stock units.
January 26, 2023
Schwab Criticizes NYSE Over System Failure That Roiled TradingStocks for hundreds of companies were affected, and trades were canceled after the wild market swings early Tuesday.
January 26, 2023
T. Rowe Price AUM Slides Nearly 25% in 2022The firm noted it reduced headcount and took other cost-cutting measures last year.
January 26, 2023
NYSE Mayhem Traced to Staffer 700 Miles AwayBehind closed doors, NYSE executives are grappling with both the potential cost and the impact on the exchange's reputation.