Social media is changing the way advisors interact with clients as 74% used social media to initiate new relationships during the pandemic.
Morgan Stanley said on Thursday it would buy asset management firm Eaton Vance Corp for about $7 billion in a cash-and-stock deal.
Investors should curb expectations for returns over the next 3 to 5 years, says Pimco.
Ray Dalio, founder of the massive Bridgewater Associates investment firm, has been railing against cash all year long.