Wells Fargo, Schwab Beat Estimates: Q2 Earnings
By Janet LevauxBank of America Merrill Lynch will release its Q2 figures on Wednesday, while Morgan Stanley will do so on Thursday.
July 16, 2019
CFP Board Extends Compliance Date for New Ethics StandardsAligning the enforcement date with that of the SEC's Regulation Best Interest is "helpful" to CFP professionals given the "significant overlap in the two sets of standards," said CFP Board Chair Susan John.
July 15, 2019
SEC, NASAA Share Guidance on Opportunity Zone FundsThe joint summary explains the compliance implications for qualified opportunity funds under federal and state securities laws.
July 15, 2019
6 Big Changes That Could Transform the ETF MarketSome will increase the number of ETFs; others could restrict it.
July 15, 2019
Ritholtz Relaunches Digital Service at Betterment for AdvisorsThe service has no minimums and charges 50 basis points, which will be evenly split between the two firms.
July 15, 2019
LPL, BlackRock, BofA Look Ahead With CautionAfter a strong first half of 2019, all eyes are on the Fed and trade tensions, according to the firms' midyear outlooks.
July 15, 2019
Schwab Aims to Buy USAA Brokerage Business: ReportCharles Schwab is said to be offering about $2 billion for the unit.
July 15, 2019
Mutual Fund Fees in 401(k)s Keep On Falling: ICIThe average asset-weighted expense ratio fell 47% since 2000, the trade group reported.