The Morgan Stanley-recommended law firm that represented the transitioning advisors told them their non-solicit agreements with Schwab were unenforceable, according to their lawsuit against the lawyers.
In this week's fund news, SPDR’s head of research Matthew Bartolini uses the GME frenzy as a case study for ETFs’ effectiveness; the Mooch and Fidelity file for Bitcoin ETFs; and iShares and State Street slash ETF fees.
Over the next five years, JPMorgan will partner with various historically black colleges and universities to offer students resources and information about careers in wealth management.