The two firms are in hot water over sales of Harvest’s “Iron Condor” strategy that resulted in $5 million in excess management fees and commissions.

The collaboration brings together the tax management technology of Vestmark with the highly scalable model construction capabilities of BlackRock.

The RIA custodian partnered with fixed income tech startup Moment to power the new features.

ETFs continue to gain fund flows at the expense of mutual funds, according to the latest data from Morningstar. BlackRock’s Larry Fink sees a massive opportunity in using private indexes to build ETFs and other funds, but it’s still unclear how...

There’s still a level of uncertainty lingering in the industry, causing some investors to remain cautious about jumping in too early.