The majority of financial advisers (87%) expect income taxes to increase for most of their clients in the next 12 to 18 months, with one in four advisers (26%) predicting that their clients will increase charitable giving in order to offset tax hikes, according to a recent study by the Fidelity Charitable Gift Fund.
Investors who were skittish over the European sovereign debt crisis and whether the global economy would slide back into recession reversed course in May.
AdvisorShares Investments, LLC will begin trading in the actively managed international exchange-traded fund the WCM/BNY Mellon Focused Growth ADR ETF (NYSE:AADR) on July 21.
Dow Jones Indexes has announced the launch of the Dow Jones Long-Term Inflation Indexes.
State Street’s latest ETF Snapshot reveals assets in the U.S. exchange traded fund (ETF) industry totaled approximately $772 billion as of June 30 – down $11.7 billion or 1.5% during the month.
Horizon Investments, LLC was announced as Investment Advisors International 's newest third-party money manager.
A Bloomberg National Poll found that more than seven out of 10 Americans (71%) believe the economy is stuck in recession, and another 13% expect a backslide from the past year’s economic growth.
A new national opinion poll conducted for Certified Financial Planner Board of Standards finds nearly two out of three Americans (65%) are more concerned about their finances today than they were at the beginning of the financial crisis two years ago.
The American Express Spending & Saving Tracker finds that consumers’ savings goal for the year has decreased since the beginning of the year, down to an average $12,000 from $14,000 in January.
A BofA Merrill Lynch survey reports major changes in investor sentiment for the global economy and corporate earnings.
Smart401k, an Overland Park, Kansas-based education provider for employer plans, has unveiled two online offerings.
John Hancock Funds has completed the adoption of the Robeco Boston Partners Mid Cap Value Fund and has launched it as the newly established John Hancock Disciplined Value Mid Cap Fund (JVMAX).
National Planning Holdings, Inc. (NPH) announced the launch of WealthOne, a Web-based advisory platform that offers investment strategies and products to all NPH-affiliated advisers.
Brinker Capital has announced plans to launch an absolute return portfolio embedded in a separately managed account (SMA) format.
Virtus Investment Partners has launched the Virtus Premium AlphaSector Fund (Class A: VAPAX), an extension of Virtus' AlphaSector product suite that is subadvised by quantitatively-based investment firm F-Squared Investments, Inc.
Russell Investments has announced a new offering that "provides advisers with a next-generation tool that responds to current market conditions while still providing long-term risk management."
Interactive Data Corporation has announced that it is providing end-of-day index values as well as analytics capabilities for ten of Accretive Asset Management, LLC’s Bulletshares USD Corporate Bond Indices.