IN THE NEWS

Articles and Press Releases

The super-TAMP ‘OCIO’ category suddenly, finally looks mortal in 2019, says Cerulli report, but modest reinvention and price cuts could give it a new run

The outsourced chief investment officer industry exploded to almost $2 trillion globally and $1.4 trillion in the US, by striking a balance between TAMPs and consultants that propelled 20% growth without much fee pressure, the Boston consultant shows. For the past few years, "outsourced chief investment officers" were the category of advice that defied gravity, but 2020 may be the year they come back to earth, according to a new report from Cerulli Associates. The Boston-based consultancy...

FolioBeyond and S-Network Launch New Fixed Income Index Model on SMArtX

NEW YORK, Dec. 11, 2019 /PRNewswire/ -- FolioBeyond and S-Network Global Indexes have partnered on a new Fixed Income index that is now available for direct investment on the Turnkey Asset Management Platform (TAMP) of SMArtX Advisory Solutions. The S-Network FolioBeyond Optimized Fixed Income Index is comprised of best-of-breed Fixed Income Exchange Traded Funds ("ETFs") representing 23 discrete sub-sectors spanning most liquid Fixed Income market sectors further defined by credit risk and...

Victims Galore – CEO, Evan Rapoport, cites “Schwab basically just destroyed Robinhood’s entire business model”. Change comes as a result of consumer demand–likely to repeat…with direct indexing. Rapoport predicts that the first levee to break will be the launch of a retail-focused direct indexing product.

Charles Schwab & Co. brings 'start-up'-style disruption to the $20 trillion mutual fund industry by zeroing out free fractional-share trade ticket charges 'We are on the offense at Schwab,' says San Francisco-based CEO Walt Bettinger, who may be leaving his own firm's margins undefended as he hands free fractional shares to friction-free blaze of disruption. Charles Schwab & Co.'s zero commissions move on whole shares was a tap on the shoulder. Now it's delivering the real et tu blow...