3 big reasons exchange-traded funds went ‘mainstream’ with investors

Kathrin Ziegler | Digitalvision | Getty ImagesETF demand outstrips mutual fundsAt a high level, ETFs are investment funds that generally hold a basket of many securities such as stocks and bonds, similar to mutual funds.Unlike mutual funds, however, ETFs are traded on a stock exchange. Like stocks, they can...

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DISH, BVH, ALB and more

Check out the companies making headlines before the bell. Tesla — Stock in the electric vehicle company ticked up roughly 2% after a report from Reuters said Tesla plans to build and produce electric vehicles that will sell for 25,000 euros ($26,859) at a factory near Berlin. The move...

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Biden perpetuates tropes about advisors, but end goal is valiant

President Biden rarely talks about financial advisors directly. By our count, recent presidents have done so on average once a decade. So when financial advice is the sole reason he’s on the podium, we naturally devour every word. Last week, Biden introduced a Department of Labor rule proposal that would require more...

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Despite issues with Schwab, advisors from TD stay put

Charles Schwab’s much-anticipated transition in September for independent advisors from TD Ameritrade’s custodial system reportedly went off without a hitch — but not everyone is happy with the change.   It’s been two months since the big move to Schwab Advisor Services — involving 3.6 million accounts among about 7,000 RIAs...

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