The Battle Over DOL Fiduciary Rule Intensifies
The battle over the Labor Department’s contentious fiduciary rule intensifies.
Trump Ascendancy Has Morgan Stanley Team Touting Steeper Curve
(Bloomberg) - The growing prospect of a Trump presidential victory is making yield curve steepeners an attractive bet as growth will likely slow and inflation quicken under such a scenario, according to Morgan Stanley.
Survey Details 'Stark Differences'
Survey details 'stark differences' between younger and older wealthy investors.
GeoWealth And BlackRock Team Up On Custom Portfolio Models
BlackRock has announced a strategic partnership with financial technology firm GeoWealth expanding BlackRock’s capabilities to meet client needs in the $37 trillion U.S. wealth market. Through the partnership, BlackRock will offer custom models via GeoWealth’s platform that enable advisors to meet client demand for private markets, direct indexing and fixed income SMAs – in addition to traditionally offered ETFs and mutual funds – in a single account.
AssetMark: Boosting Productivity with Integrated Trust Administration Solutions
(AssetMark) The world of wealth management is multi-faceted and demanding. Financial advisors juggle a multitude of tasks, from investment research and portfolio management to client communication and account administration. Unfortunately, these tasks are often siloed across disparate systems, creating a fragmented workflow. This fragmented approach can lead to several challenges: