BlackRock, State Street Want In on the Nasdaq 100. Can They Compete With Invesco’s QQQ? Expense ratios aren’t listed in the new filings, but the newcomers have significant backing and reach to support the launches. Sign up for exclusive news and analysis ... See more
Merrill’s latest AI technology wants to crash your next client meeting. The Wall Street bank, along with Bank of America Private Bank, announced the rollout of Meeting Journey this week, an AI-powered tool designed to automate client meetings, handling ev... See more
The Fiduciary Rule may be gone, but it’s definitely still a vibe. The Biden-era legislation was struck down by a federal court last week after an almost decade-long saga, dating to an Obama administration push to make clients’ best interest mandatory in s... See more
Vanguard’s finally climbing its way up the ladder.
The world’s second-largest issuer filed this week to launch 10 corporate bond ladder ETFs, years after products from top competition like BlackRock and Invesco. The new defined-maturity funds package bond... See more
The SEC approved the first dual share classes of ETFs and mutual funds this week, meaning advisors won’t have to choose between the two wrappers, effectively letting them order the surf and turf. Dimensional Fund Advisors on Tuesday received the long-awai... See more
