Rick Ferri talks about his start in the industry, how his thinking has evolved around Wall Street and whether a fee structure that charges clients for investment advice based on AUM can exist in a fiduciary framework.
In this week’s fund news, Goldman offers share classes to support scholarships for Black women; a Senate proposal threatens ETFs’ tax efficiency; and Northern Trust hires a new CIO.
The actively managed Goldman Sachs Future Tech Leaders Equity ETF (GTEK) holds technology companies with market capitalizations under $100 billion from both developed and emerging nations.