ETrade clients soon they may have the opportunity to invest in proprietary ETrade funds with zero management fees.
Consumers have grappled with unusually high inflation for the last three years, an economic burden that may have influenced the presidential election.
Corient, the U.S. division of Canada’s CI Financial, is acquiring H.M. Payson (HMP), a Portland, Maine-based registered investment advisor.
Fund managers have been reducing cash holdings to a record low and pouring money into US stocks. BoFA says could be a signal to sell global equities.