Investmentnews Email Newsletter: BlackRock kills 15 funds, including remote-work ETF (June 11, 2024)

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BlackRock kills 15 funds, including remote-work ETF

The biggest sustainable investment manager in the US is also cutting six such products.

'The evidence further reflected a pattern of churning,' one executive said about the case.

‘Next generation clients require a lot of guidance in building up their success,' says director of financial planning.

VIDEO

Mercer Advisors president offers vision for ‘RIA of the future’

Daniel Gourvitch, president of Mercer Advisors, sits down with InvestmentNews anchor Gregg Greenberg to discuss his approach to AI, the 'RIA of the future,' and what it takes to compete in today's wealth management industry.

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Battle lines drawn over DOL’s fiduciary rule

Despite DOL’s efforts to protect itself, Congress and insurance industry go on the attack as first lawsuit is filed amid allegations the department exceeded its authority.

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THE INVESTMENTNEWS PODCAST

Deferred compensation cases and taking on the wirehouses

InvestmentNews’ Bruce Kelly sits down with trial lawyer Tom Ajamie to discuss deferred compensation cases and how a major strategic rethink led him and his team to ERISA, which could significantly change wirehouse compensation packages.

The MFO is welcoming Tamara Surratt, the founder and CEO of Legacy Family Office, which has more than $2B in AUM.

Cerulli research finds two-fifths of self-directed investors are willing to pay for human advice, opening opportunities for providers.

Senate Bill 2045 aims to require state private employers to provide a workplace retirement plan, with provisions for a state auto-IRA program.

Focused on wealth and benefits planning for medical professionals, the NFP affiliate’s latest acquisition vaults it past the $3.5B mark.

The RIA aggregator is prioritizing strategic growth and operational efficiency with critical appointments, including veterans from Morgan Stanley and Goldman Sachs.

The firm’s new head of advanced wealth solutions comes with deep expertise in retirement income, life insurance, and annuities.

The firm has also welcomed a new market leader to its Pacific Northwest division, as well as a New York-based advisor focused on LGBTQ clients.

The broker-dealer behemoth has added the former Corebridge Financial advisor, who’s launching his own comprehensive planning practice.

The fintech provider’s new tool is designed to help advisors identify high-impact marketing strategies and find more engaged prospects.

The fund, which is neither the first mover nor the price leader, now has a roughly 90 percent share of the bourgeoning market.

Fund managers have been net sellers of the AI craze's biggest beneficiaries – is it a tactical pivot or a course change?

OTHER NEWS

'The Co-Worker': IKEA hiring virtual staff for upcoming Roblox game

'This is not the typical IKEA job,' furniture giant says.

BlackRock kills 15 funds, including remote-work ETF

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