Financial Advisor

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JPMorgan Wins Approval For First U.S. Physical Copper ETF

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JPMorgan Chase & Co. won regulatory approval for the first U.S. exchange-traded fund backed by physical copper, which some industrial users said may disrupt the market.

Thirst For Water ETFs

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The quest for clean, ample water supplies could be a defining goal of the 21st century. These funds are a way to tap into that megatrend.

SEC Rules That Active ETFs Allowed To Use Derivatives

by Daniela Pylypczak

The SEC will allow fund companies to seek regulatory permission to include derivatives in actively-managed ETFs, but will this do more good or harm for investors?

Morningstar Nominates Top International Stock Fund Managers

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Morningstar has announced four finalists for the 2012 Morningstar International Stock Fund Manager of the Year award, to be announced the first week in January.

Raymond James Recruits $204 Million Advisor Team From Morgan Stanley

The trio of advisors has $204 million in assets and annual fees and commissions of $1.5 million.

Morningstar Announces Domestic Fund Top Managers

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Morningstar has announced five nominees for top domestic stock fund manager of the year.

Men More Likely To Be Approached By Financial Advisor

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Men are 1.7 times more likely to be approached by a financial advisor than women, says a new white paper.

Only 57 Percent Think Financial Advisors Add Value

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A Fidelity survey shows many advisors aren't doing enough to please their clients.

Calpers Bankruptcy Strategy Pits Retirees Against All Others

Calpers is trying to rewrite the rules for bankrupt cities, claiming that it should get paid before almost everyone else, including bondholders.

Many Americans Practice Bad Financial Habits

by Jim McConville

Americans’ bad financial habits may mirror U.S. government’s, says Allianz survey.

Americans Optimistic Despite Looming Fiscal Cliff, Says Survey

Is it wishful thinking, or do American investors have a better finger on the country’s economic pulse than financial analysts and experts?

Museum Exhibit Offers Glimpse Of U.S. Finance History

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Barings Bank, which financed historic endeavors such as the Louisiana Purchase and building of the North American railroad network in the 19th century, is the subject of a new museum exhibit.

Oil Companies Top 'Best 401(k)' List

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The Marathan and Saudi Arabian oil companies got top honors in a ranking of the top 30 401(k) plans by BrightScope.

Investors Security Affiliates With Securities America

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Investors Security Company Inc., a broker-dealer in Suffolk, Va., has agreed to become an affiliate of Securities America, the nation's eighth-largest broker-dealer.

Clients Ponder Poverty For Medicaid Coverage, Survey Says

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Using Medicaid to pay for long-term care is not in the best interests of most people and advisors should warn clients against it, says a Nationwide Financial survey.

ETF Inflows Could Hit A Record In 2012

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ETFs are on track to match or exceed 2008’s record-setting inflows of $168.3 billion, according to Morningstar.

REITs Outperform S&P 500 In Long Term

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U.S. REITs underperformed the broader equity market in November but outperformed over the year.

Raymond James Hires Veteran Advisor From Morgan Stanley

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Victoria Azpurua joins Raymond James in Florida.

Legacy Financial Planning Joins LPL Broker-Dealer Platform

Legacy Financial Planning, an independent financial advisory firm with more than $150 million in asets, has moved to LPL Financial's broker-dealer platform.

PowerShares Rolls Out Hedged S&P 500 ETF

by Stoyan Bojinov

The fund joins a handful of products that offer exposure to the S&P 500 Index with a twist.

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