Trevor Hunnicutt looks at a lot of charts and reports on fund flows as a reporter covering asset management for financial advisers. But he’s not all fun and games. From time to time you might also find the seafood aficionado shucking oysters on the waterfront in Brooklyn.
Just 47% of multimillionaires ages 18 to 34 use an adviser, a new study finds. That means wealth managers may be missing opportunities to discuss health, family and financial values with those and other potential clients.
Morningstar wants to become 'ubiquitous' with investors, according to founder Joe Mansueto. Will their new initiatives turn around the firm's declining share prices and profits?
For Armond A. Dinverno of Balasa Dinverno Foltz, leadership means grooming the next generation of adviser talent.
Robert Moore's successor as LPL president talks about his earlier career and the challenges facing the independent broker-dealer industry
$47 billion money manager takes first move in burgeoning exchange-traded product world
Insurer will update an index and add a bonus in the eleventh year.
Brokers who sell index funds may get a leg up from newly proposed requirements that would impose more stringent advice standards.
The Mutual Fund Store, the 10th-biggest RIA by AUM according to IN's database, is led by CEO John Bunch, who's taking a number of steps to keep growing as it eyes an eventual IPO.
Fund sales switch decisively toward plain-vanilla, index investing, move out of Pimco Total Return has big impact on flows.
Shutdowns come weeks after big price cut as the firm's biggest fund suffers outflows.
