Advisor ETF preference has climbed to 60% from 53% in 2022, while mutual fund selection has halved – and RIA portfolio data show the shift is only deepening.
The deal will give Citi Wealth clients access to a single account structure combining ETFs, mutual funds, separately managed accounts and alternatives — with BlackRock integration built in.
The giant asset manager's adjusted earnings of $12.53 per share topped estimates, but a market-driven slide from its year-end AUM record complicated an otherwise strong quarter.
“The client isn’t sacrificing any yield, any liquidity, this all comes out of our pocket, not theirs,” said Stephanie Pierce, deputy head of BNY Investments.
Transatlantic alliance with UK’s L&G includes distribution and investments to boost global wealth solutions offering.
Mutual fund and ETF costs stayed subdued in 2025 as flows favored low-fee products.
Japan’s Sumitomo Mitsui Financial Group is reportedly exploring a potential purchase of the investment bank.
Fidelity and Franklin Templeton were big winners at the awards, which celebrate the industry’s top funds and fund management firms.
“It's going to be an amazing event,” Brandon Adkins, head of Lipper North America Research at the London Stock Exchange Group, told InvestmentNews.
The Investment Company Institute, SIFMA and other industry groups argue the bipartisan GROWTH Act would end "harmful double-effect" of surprise tax bills.
Big Tech’s rebound, Fed rate-cut hopes and a late-year broadening of the rally weren’t enough to lift the average active manager above index returns.
Study says fund proxy campaigns are increasingly costly, inefficient and ripe for SEC reform.
The firm is pairing new Envestnet-distributed portfolios with a CE-accredited curriculum as RIAs seek more scalable ways to diversify client portfolios.
The Boston-based investment giant’s latest snapshot shows strong gains in operating income, trading activity, and ETF assets.
Scott Brown’s will oversee Morningstar Direct, data feeds, and advisory tools as the firm continues to build unified intelligence around public and private market analytics.
New research shows active mutual funds lag passive peers in 2025, with long-term success still low.
Proposed GROWTH Act may add up to $1,340 in returns, reshaping taxable-account planning.
Latest round of lower expense ratios spans 84 mutual fund and ETF share classes and touches roughly one-quarter of Vanguard’s lineup.
Partnership brings Schwab’s Wasmer Schroeder bond lineups and model portfolios onto Advyzon’s Nucleus marketplace for RIAs.
The deal for RBA would add a $20 billion macro shop and fresh model portfolio firepower to the active manager, which itself is the object of a take-private acquisition.
