Concerns that M&A activity among RIAs would dampen in 2019 haven't become reality, according to Dave Barton, vice chairman at Mercer Advisors. “If it was just me, I could do 30 deals, easy,” he said.
The ScratchWorks' fintech competition announces its season two semifinalists, including a company founded by Michael Kitces and Alan Moore, a new offering from 280 CapMarkets—and a teenage video game developer.
Michael Kitces and Alan Moore's pay-for-service platform, built for RIAs, is picked up by IBD Cetera Financial Group, potentially reaching roughly 8,000 advisors.
The Massachusetts Secretary of the Commonwealth's securities division is requesting information about Fidelity's mutual fund fees.
Fidelity's fees and disclosures of them are being probed by the U.S. Department of Labor.
The race to the bottom in the ETF price wars took another significant step this week, as SoFi registers two new ETFs with waived fees and Vanguard shaves basis points off a number of its own.
SoFi, an online financial services firm, is the first company to offer zero-fee ETFs, but it likely won’t be the last.
SoFi's two zero-fee ETFs, which plan to waive charges for a least the first year, will focus on U.S. stocks.
Financial firms introduced a slew of products that didn’t charge fees last year. Investors yawned.
Only one industry has done consistently well for decades in periods of high volatility.