MetLife is making new inroads with what some call the “mass retail” investor segment. Six months after launching a platform that welcomes clients with as little as $10,000 to invest, the MetLife Broker-Dealer Group has accumulated $160...
Apparently not all advisors and their clients have been following the developments leading to the much anticipated Wall Street reform package Congress released last Friday. In fact, overall advisors and investors are still confused about what the...
Under reform legislation, RIAs with less than $100 million in assets will no longer be regulated by the SEC. State regulators will step in. Will states be more successful than the SEC?
In recent years, shareholders have become smarter fund shoppers. But too many still buy and sell at the wrong times, says Don Phillips, Morningstar’s managing director.
After a herculean 20-hours straight of negotiations, Congressional committee members agreed Friday morning to a Wall Street reform package that will be much tougher on the country’s banks.
Considered by some to be a latecomer to the ETF party, Vanguard yesterday beefed up its exchange traded fund and mutual fund offerings. The company that made its reputation with low-cost indexed investments said it will launch 19 new index funds...
Senator Tim Johnson accepted a final counter-offer from the House this afternoon on the subject of fiduciary duty in Wall Street reform.
The nervous-client-syndrome has yet to wear off. That’s according to a new survey that says most advisors are still spending the majority of their time with existing clients rather then generating new business.
