Envestnet, Newly Private, Appoints Chris Todd as CEO
By John ManganaroThe firm’s new leader joins from Ultimate Kronos Group, an international software provider.
January 21, 2025
Schwab Earnings Top Estimates on Record InflowsTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.
January 21, 2025
Trump Names Mark Uyeda as Acting SEC ChairmanRepublican Commissioner Mark Uyeda will serve as acting chairman until the Senate confirms Paul Atkins.
January 21, 2025
Fidelity Customers Report Mobile App, Website Access TroubleUsers complained of difficulty accessing the firm’s website, app and active trading platform.
January 17, 2025
RIAs’ Market Optimism Ticks Up: SurveyYet 48% still see a moderate or high likelihood of recession within a year, Security Benefit found.
January 17, 2025
Capital Group Launches Small- to Mid-Cap Active ETFThe offering will invest in companies with market cap up to $56 billion and be in a model portfolio launch.
January 17, 2025
Ignore the Daily Trump Noise, Focus on the Long Term: TradersKeep cash on hand and pounce if he sets off short-lived market movements, they advise.
January 17, 2025
Advisor Accused of Stealing From Widowed Aunt Faces Fraud ChargesScott Mason misappropriated $20 million from 13 clients, according to the SEC.