BlackRock and Vestmark Partner to Enhance Custom Model Portfolios
Vestmark and BlackRock have struck a new commercial partnership that will combine Vestmark’s tax management capabilities across equities, exchange-traded funds...
life insurance
Strong Stock Market Pushes Up Annuity Assets
Stock market gains and retirement savers’ good feelings about stock funds pushed up U.S. asset totals in the second quarter....
Goldman Sachs' Kostin Sees S&P 500 Hitting 6,000 Next Year
What You Need to Know The forecast implies a roughly 5% gain from Monday’s record close of about 5,719 for...
Barred Advisor Gets 21 Months in Prison for Cherry-Picking
What You Need to Know The advisor must make restitution of more than $2.7 million, the U.S. attorney's office says....
Fidelity Says Advisors' ETF Use Rose Sharply This Year. Here's Why.
What You Need to Know Nearly three-quarters of advised portfolios at Fidelity now contain ETFs, the asset manager reports. The...
What RIAs Should Know About Data-Based Marketing
What You Need to Know Asset managers and investment banks use data-driven marketing to great effect. Experts say RIAs can...
SEC Hits Stifel, Others With $88M in Texting Fines
What You Need to Know The firms included broker-dealers, RIAs and one dually registered firm. Stifel and Invesco will each...
What the Fed's Rate Cut Means for Life and Annuity Bulls and Bears
What You Need to Know The Fed cut an important borrowing cost indicator by half a percentage point. Bulls might...
80% of Americans Worry Election Will Affect Retirement: Survey
As the U.S. presidential election nears, Americans are expressing concerns about how the outcome may affect their retirement plans. A...
JPMorgan Sued Over 'Shockingly' Low Interest on Client Cash
What You Need to Know A customer alleges below-market interest rates paid on uninvested cash balances. JPMorgan Chase faces a...
