Morningstar Launches Investment Analysis Platform for Wealth Managers
By Bernice NapachMorningstar Direct for Wealth Management allows multiple teams at wealth management firms to share information in real time.
May 07, 2018
Wells Fargo Settles Fake-Accounts Lawsuit for $480MThis matter involves up to 3.5 million bogus accounts; the settlement comes one month after the bank reached a separate deal with two federal agencies for $1 billion to cover issues in auto lending and mortgages.
May 07, 2018
Target-Date Funds Enjoyed Record Flows in 2017: MorningstarLow-cost passive series attracted 95% of new assets last year.
May 07, 2018
ACLI Economist Wants More Disability Data SlicesOne wrinkle may be a change in who counts as 'retired.'
May 07, 2018
DOL Announces Fiduciary Rule Enforcement PolicyLabor is "throwing retirement savers under the bus," Barbara Roper says.
May 07, 2018
Merrill Lynch and Merrill Edge Launch Impact Portfolios: Portfolio ProductsAlso, U.S. Aberdeen Standard Investments acquired the U.S. business of ETF Securities and JPMorgan cut fees on some ETFs.
May 07, 2018
Investors Feasted on Fixed Income ETFs in AprilBond ETFs attracted about 50% more money in April than equity ETFs, according to State Street Global Advisors.