The new rules will go into effect on June 30, the same day that the Board will begin enforcing its Code of Ethics and Standards of Conduct, according to the Board's general counsel.
To try and solve the fee issue and the related implications of current fee constructs, asset managers must offer a well-aligned fee structure to create demand and compete with passive products.
Since late March, some 550 tons of gold -- worth $30 billion at today’s price and roughly equal to global mine output in the period -- have been added to Comex warehouse stockpiles.
The juggle is real—especially in lockdown. Three mothers at financial advisory firms open up about the pitfalls and perils of working from home with kids.
Ritholtz Wealth Management was one of several firms to disclose it received a Paycheck Protection Program loan to help with expenses amid the coronavirus pandemic, according to Form ADVs submitted to the SEC.
Sponsored by Wells Fargo Advisors Financial Network
Financial advisors as a group are getting older. Many advisors are eyeing retirement in the next decade, raising the question of who will take over their clients—and the trillions in assets potentially up for grabs.
