Vanguard Group Inc. is planning its first active exchange-traded funds in two years, with both new planned products focused on the fixed-income market. The asset management giant aims to launch the Vanguard Core Bond ETF, which would trade under the ticker VCRB, and the Vanguard Core-Plus Bond ETF (VPLS) by...
Planning for retirement can be a complicated problem. After all, there are a lot of decisions to consider — from life expectancy and how early you want to start planning to how much to put away to save and how much to spend in retirement. According to the Department of Labor,...
For six years, InvestmentNews has tracked the Best Places to Work for Financial Advisors, highlighting the industry’s top employers and how they foster winning workplace cultures. The deadline to be considered for this unique recognition in 2024 is Friday, Sept. 29. To register your firm, complete this form. Only a simple...
After beating the skeptics in its first iteration, Future Proof cemented its place in the wealth management industry’s annual event lineup when it returned to Huntington Beach, California, earlier this month. The event, developed as a collaboration between production studio Advisor Circle and Ritholtz Wealth Management, successfully evolved from the “world’s first...
As millions of students begin the new school year, parents across America are edging closer to the day when their offspring stand on their own two feet. But thoughts of shuttering the bank of mom and dad should be put on hold according to a study from the North Carolina...
In 2021, a piece of digital art sold at auction for $69 million. The iconic sale ‘Everydays: The First 5000 Days’ from Beeple was the first time most of the world took any notice of NFTs. Two years on, following something of a frenzy for investing in the burgeoning assets,...
In a move set to bolster its foothold in the West, NFP announced the acquisition of Divergent Wealth Advisors, based in South Jordan, Utah. The strategic acquisition expands NFP’s offerings in wealth management and retirement planning. Divergent Wealth Advisors, an independent registered investment advisor, boasts over $675 million in assets...
Three years and nearly $1 billion later, Wells Fargo & Co. is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management. The banking giant is trying to lure hundreds of independent advisers to join its platform as part of a larger push to expand the firm’s business...
Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson. The faltering rally is in keeping with the view of Morgan Stanley economists that household spending probably can’t sustain the...
Most investment advisors look warily at the SEC. But some smaller advisors are envious of an advantage that larger firms registered with the agency have when it comes to advertising. The Securities and Exchange Commission’s marketing rule allows investment advisors for the first time to use client testimonials, endorsements and...