Fidelity Investments said on
Tuesday it received permission from U.S. regulators to open its
own actively managed exchange-traded funds, as the mutual fund
firm seeks to catch up in the faster-growing ETF segment....More
Does the revelation of fees paid to advisors from Schwab and Fidelity, while disclosed, taint the perception that the RIA model is a fiduciary one and above conflicts?...More
David Canter, EVP, Practice Management & Consulting, Fidelity Institutional Wealth Services chats with Rich Santos, Group Publisher of WealthManagement.com at the Tiburon CEO Summit XXIII in San Francisco, California, October 2012....More
Workers with 401(k) are looking for more help with managing their investments, new data from Vanguard shows. But the trend isn’t likely to benefit financial advisors, at least in the short run....More
Fidelity Charitable says that advisors are unaware of the extent to which their clients are donating to charity. The conclusion may be a stretch....More
This flawless, 101.7-carat, pear-shaped diamond—one of the world’s largest —will go up for auction at Christie’s “Magnificent Jewels” sale in Geneva on May 15, 2013. How much will it sell for? Choose the correct answer and registered site users will be eligible to win a one-year subscription to Christie's Geneva Jewelry sales catalogue, courtesy of Christie's.
After 18 months in the industry, all at WFA, I will be leaving the firm. I have not had great success at a wirehouse. It started well in the apprentice period and the first 6 months, but I missed my hurdle at the 9 month mark and have been scraping by ever since. After taking a further look at the requirements for the next 3 years, I realize that my head is going to be on the chopping block for most of that time barring someone in my network hitting the Powerball. I take full responsibility for this, but I will add that my firm has offered me little, if any, support at the local level....More