The $1.4 trillion fund company continues to grow through acquisitions in a shrinking category.
Fidelity's alts platform, which launched in 2013, has seen assets grow by 70% since 2020.
As interest in artificial intelligence grows, it's worth looking under the hood of sector ETFs.
Since launching as a spinoff of Thrivent Financial in 2019, the platform has grown to $5 billion in client assets.
As talks on the debt ceiling continue, the Wells Fargo Investment Institute looks at how the situation could affect Treasury securities, other fixed-income instruments and the stock market.
Since becoming a hybrid RIA, Concurrent has added five new firms that combine for $440 million and it's ramping up to co-brand advisors from every possible direction.
The fourth ETF from upstart Qraft will test the limits of AI by going in and out of the market based on what the data say.
The acquisition of Planned Futures, which manages $460 million, expands Merit's footprint in Pennsylvania.
Its expanded LiquidityDirect platform provides access to various short-term cash management funds, strategies and even community banks.
Fidelity's latest report shows more deals involving smaller firms and structures that put buyers in the driver's seat.
