Unnerving as this COVID-19 year has been, the massive shift to virtual business has propelled planners to work even more efficiently with clients.
Bank Investment Consultant is the dedicated resource for bank-based financial advisors and wealth managers.
Expenses fell by 20 basis points and risk-adjusted returns climbed 92 bps, according to the study.September 24
Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.September 24
The company has been experimenting with ways to recruit more women and minorities, including a program to hire professionals who had left banking.September 24
“It’s not just a shiny object, it’s really about content,” the firm’s head of ETFs and indexed strategies said.September 24
A State Street fund avoiding crude holdings has beaten the S&P 500 by 3.6 percentage points since its inception, generating an annual return of 12.9%.September 23
The majority of planners intend to work remotely at least one day per week through 2021.September 23
The agency has 90 days to review files and reach decisions.September 23
Data & Research
“Expense ratios matter to most people, particularly when you're looking at these mostly passive funds,” an expert says.
Some of the biggest laggards have managed short-term gains of more than 40%.