News Stories Archives - Since 1998
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A Cali Fund Firm Turns 35
The now-publicly-traded asset manager entered the mutual fund space in 1996...
MutualFundWire.com -
Tuesday, February 6, 2024
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12 of MFWire's Most Popular 2023 Stories
Here's a glimpse at what MFWire readers checked out in this crazy year...
MutualFundWire.com -
Wednesday, December 27, 2023
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Within a $131B-AUM RIA Aggregator, a Boutique Designs an ETF
The new, actively managed fund debuted on Monday, with help from an ETF-in-the-box shop...
MutualFundWire.com -
Wednesday, November 8, 2023
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21 Years Later, an ETF Strategist Regains Its Independence
The 33-year-old, $3-billion-AUM firm is now 100-percent employee-owned...
MutualFundWire.com -
Thursday, October 12, 2023
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BondBloxx's O'Donnell Hires In Philly
The new hire's most immediate past position was at BlackRock...
MutualFundWire.com -
Monday, July 31, 2023
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Brian Brings an NY Key Accounts Vet to a CA Shop
This New York-based veteran is reporting to a familiar face...
MutualFundWire.com -
Tuesday, July 18, 2023
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A Blockchain Creator Joins the Mutual Fund World
Corrected | A startup RIA with a famed founder from the blockchain world is seeking to shake up the mutual fund industry...
MutualFundWire.com -
Wednesday, July 5, 2023
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Fewer Fundsters Plan Channel Tweaks In 2023
New research from an industry consulting firm shows where national accounts executives plan to adjust their channel coverage. Yet the vast majority of firms say they plan no changes at all...
MutualFundWire.com -
Wednesday, June 28, 2023
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Reader Rating: 5
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A Florida CPA/RIA Enters the ETF Biz
Its first ETF is an actively managed, tactical, focused equity fund...
MutualFundWire.com -
Tuesday, May 16, 2023
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An NFL Alum Is Buying Into the ETF Biz
A footballer-turned-mortgage-banker agrees to buy a shop that runs and subadvises mutual funds...
MutualFundWire.com -
Wednesday, April 5, 2023
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12 of MFWire's Most Popular Stories of 2022
Here's a glimpse at what MFWire readers checked out in this crazy year...
MutualFundWire.com -
Friday, December 30, 2022
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An Ex-Pimco EVP Co-Founds an RIA
He's teaming up with a former partner at a longtime Pimco ally...
MutualFundWire.com -
Wednesday, November 2, 2022
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Reader Rating: 5
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$504MM In 21 Months
A $121.1B-AUM fund firm's team is celebrating a big milestone for an interval fund...
MutualFundWire.com -
Thursday, September 15, 2022
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Reader Rating: 1
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Will a $4.1B-AUM Fund Firm Sell?
Two hedge funds offer to snap up a publicly traded mutual fund and ETF shop...
MutualFundWire.com -
Tuesday, June 28, 2022
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Week In Preview, May 31 - June 5
This week, the teams at AB, Deutsche Bank, Informa, and Irish Funds are hosting events...
MutualFundWire.com -
Tuesday, May 31, 2022
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Reader Rating: 5
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A 58-Year-Old Shop Enters the ETF Biz
A wealth management RIA with about $20 billion in AUM (mostly from high net worth investors) is rolling out an actively-managed, high-conviction, translucent ETF...
MutualFundWire.com -
Tuesday, April 26, 2022
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Ned Johnson Dies
The former Fidelity chief was 91 years old...
MutualFundWire.com -
Thursday, March 24, 2022
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Reader Rating: 5
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A New RIA Sails Into the ETF Biz
The startup's first fund is an active strategy focused on the U.S. residential real estate market...
MutualFundWire.com -
Wednesday, March 9, 2022
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Three Years In, a $29MM Pair Transforms
Updated | An institutitonal Midwestern asset manager's team converts their mutual funds into ETFs...
MutualFundWire.com -
Monday, March 7, 2022
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Harbor Gains SVPs on Opposite Coasts
The new hires both join the Chi-Town fund firm's distribution team...
MutualFundWire.com -
Friday, February 11, 2022
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Two Fund Firms Invest In a PowerShares Vet's Direct Indexer
The Bay Area startup started in 2020, and their mission is to democratize access to custom index SMAs through FAs...
MutualFundWire.com -
Wednesday, January 12, 2022
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A 21-Year-Old RIA Enters the ETF Biz
The $400-million-AUM firm's debut fund combines a pair of tactical strategies...
MutualFundWire.com -
Friday, December 10, 2021
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A $4.1T-AUM Titan Is Hiring Thousands, But ...
Most of the new roles will not be investment ones...
MutualFundWire.com -
Wednesday, September 1, 2021
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A $9B-AUMA Tactical Fixed Income Trio Gains a Chief
The new hire will be the first-ever CEO for the group, which includes a mutual fund shop, plus a model portfolio shop and a retail WM RIA...
MutualFundWire.com -
Wednesday, August 25, 2021
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iM Global Invests In a $14.6B-AUM Shop
The deal is the European firm's second U.S. deal of 2021. They now back seven boutiques, including six on this side of the pond...
MutualFundWire.com -
Monday, August 2, 2021
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So You Want to Launch an ETF
Several allies to fundsters offer tips to those looking to enter the exchange-traded side of the business...
MutualFundWire.com -
Wednesday, July 21, 2021
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Vanguard and BlackRock Bet On a Pair of Startups
The world's largest fund firm is buying a five-year-old firm, while the world's largest asset manager is investing in a different...
MutualFundWire.com -
Wednesday, July 14, 2021
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After 34 Years With Franklin, a Senior Exec Joins a Faith-Based Shop
The new hire serves as the religiously managed mutual fund firm's director of strategic planning...
MutualFundWire.com -
Tuesday, July 13, 2021
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Two Years In, a Five-Fund Shop Reaches Out
An RIA is expanding the distribution scope of his subadvised mutual fund family...
MutualFundWire.com -
Thursday, April 15, 2021
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Reader Rating: 5
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A $47B-AUMA Firm's Board Grows to Seven
This mutual fund firm's board now includes four independent directors...
MutualFundWire.com -
Tuesday, April 6, 2021
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An Acquirer Finds Its Foundational U.S. Centerpiece
Watch for the firm to take minority stakes in more boutiques, too...
MutualFundWire.com -
Wednesday, March 24, 2021
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A European AM Network Buys a $4B-AUM U.S. Fund Firm
The deal is expected to close in Q2 2021...
MutualFundWire.com -
Tuesday, March 9, 2021
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Sullivan Resurfaces As PE Agrees to a $2.1B Acquisition
A pair of private equity firms will spin out a $603-billion-AUM asset manager while keeping a key alliance...
MutualFundWire.com -
Tuesday, February 23, 2021
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A Midwestern FA Hunts For RIAs to Power ETFs
A new ally launched its first ever ETF last month...
MutualFundWire.com -
Thursday, February 11, 2021
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Reader Rating: 5
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Post-Transition, a Tactical PM Seeks a Strategic Partner
A veteran liquid alts entrepreneur is looking for a distribution ally...
MutualFundWire.com -
Thursday, February 4, 2021
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Reader Rating: 3
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A $23.1B-AUMA Shop Sells
A publicly traded acquirer north of the border buys a Midwestern asset and wealth management shop...
MutualFundWire.com -
Tuesday, January 26, 2021
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Reader Rating: 5
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Two PE Firms May Buy a $607B-AUM Asset Manager
The rumored bidding partners are not strangers to the asset management business...
MutualFundWire.com -
Friday, January 15, 2021
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Provencher Hires a MSIM Alum For a Key Role
The new hire hire will lead BNY Mellon Investment Management's financial institutions group...
MutualFundWire.com -
Wednesday, January 13, 2021
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A Distro Trio Focuses On Helping Boutiques
Three veterans of an Empire State mutual fund firm launch their own partner shop...
MutualFundWire.com -
Tuesday, January 12, 2021
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An ETF Startup Pushes For the Energy Horizon
A Philly firm rolls out its first fund, with help from ETC...
MutualFundWire.com -
Friday, December 11, 2020
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Szilagyi Hires an Insti Sales Exec
The new addition to the Catalyst team will focus on the large RIA, private bank, TAMP, and trust channels...
MutualFundWire.com -
Tuesday, December 8, 2020
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A Six-Year Legg Vet Joins DWS
The new hire is based in Baltimore...
MutualFundWire.com -
Friday, December 4, 2020
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Reader Rating: 5
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15 Years In, a Franklin Leader Shifts
The exec now leads product and specialty sales for the publicly traded asset management giant...
MutualFundWire.com -
Monday, October 26, 2020
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A New England Boutique Launches Its Third ETF
They launched their second earlier this year. Yet their first also shuttered this year...
MutualFundWire.com -
Monday, October 19, 2020
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Reader Rating: 5
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Two Discount Brokerage Deals Near Their Finish Lines
Both have now cleared final regulatory approvals. Expect both to wrap up in less than week...
MutualFundWire.com -
Thursday, October 1, 2020
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Week In Preview, September 14-20
This week, the teams at FRA, FT, ICI, Innovator, MFDF, MMI, M*, and Wells Fargo are hosting online events...
MutualFundWire.com -
Monday, September 14, 2020
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After 13 Years, an AllianzGI Director Moves On
The Gotham exec previously worked at Whitebeam, Citi, BofA, and JPMAM...
MutualFundWire.com -
Wednesday, September 2, 2020
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An Arizona Startup Enters the MF Biz
The team is now trumpeting their first mutual fund, which debuted at the end of 2019...
MutualFundWire.com -
Thursday, May 21, 2020
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An ETF Strategy Chief Co-Founds an NYC Shop
A exec returns from the Midwest to Gotham and teams up on a startup...
MutualFundWire.com -
Friday, May 1, 2020
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Reader Rating: 5
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Three More Industry Conferences Feel the Crisis' Sting
One goes online, one gets postponed, and one gets cancelled outright, in light of the ongoing coronavirus pandemic...
MutualFundWire.com -
Thursday, April 9, 2020
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The Boston Behemoth's Net Inflows Nearly Double
Last year, Fidelity's AUM jumped 26 percent, and operating income jumped 9.5 percent...
MutualFundWire.com -
Wednesday, March 4, 2020
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Schwab Bets On a $10.5B-AUM SMA Shop
The deal is expected to close in the middle of the year, perhaps before the previously announced TD deal...
MutualFundWire.com -
Thursday, February 27, 2020
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Reader Rating: 5
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100,000-Plus FAs, 500-Plus AMs, 15 Employees
A giant TAMP has a new ally to fundsters and other asset managers. Who will fill her old shoes?..
MutualFundWire.com -
Monday, February 3, 2020
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Meet Envestnet's New Chief Fundster Ally
The promotion comes after a top exec left and took over another firm's investment business...
MutualFundWire.com -
Wednesday, January 29, 2020
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A Day-One Exec Rises As a Midwestern Startup Divides
He takes on the newly created role of COO at the asset management firm...
MutualFundWire.com -
Friday, December 27, 2019
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A Founder of a $1.2T-AUM Titan Dies
The retired fundster died last weekend at the age of 84...
MutualFundWire.com -
Wednesday, December 11, 2019
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An MF Custody Titan Prepares to Double Down In Several Areas
A mutual fund back-office chief shares his four pillars of focus for the firm as they exit part of the business...
MutualFundWire.com -
Tuesday, December 10, 2019
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Week In Preview, December 9-15
This week the teams at Bloomberg, MarketCounsel, and T. Rowe Price are hosting events...
MutualFundWire.com -
Monday, December 9, 2019
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From MF RIA Channel Chief to Family Office Services
A Lone Star State fundster moved to the Boston Behemoth a few months ago...
MutualFundWire.com -
Thursday, December 5, 2019
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Schwab Gobbles a Rival Supermarket. Now What, Fundsters?
The revelation of the deal comes less than two months after both firms eliminated trading commissions on ETFs, options, and stocks...
MutualFundWire.com -
Tuesday, November 26, 2019
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Larry Stands By Abby
The chief of the world's biggest asset manager and ETF shop says that a key alliance "is as strong as ever," despite big changes in the ETF world...
MutualFundWire.com -
Wednesday, October 16, 2019
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Envestnet's Founder Dies
Jud Bergman and his wife were killed in a car accident yesterday...
MutualFundWire.com -
Friday, October 4, 2019
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Reader Rating: 5
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Another Online Brokerage Goes NTF For All ETFs, But ...
The move is part of a broader commission elimination at the firm and echoes recent changes at Interactive Brokers, Schwab, and TD...
MutualFundWire.com -
Thursday, October 3, 2019
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Two Big NTF Platforms Expand to All U.S. ETFs
The moves were part of broader commission eliminations at both firms, in the U.S. and Canada...
MutualFundWire.com -
Wednesday, October 2, 2019
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328 Models, 35 Managers, and Now Two Tiers
An RIA custodian expands a young platform on multiple fronts. But don't call it a TAMP...
MutualFundWire.com -
Wednesday, September 11, 2019
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Eikenberg Adds Two Industry Vets to RBC GAM
The new hires will work with RIAs, bank trusts, and multi-family offices...
MutualFundWire.com -
Monday, September 9, 2019
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The Fundster 401k Roundup, August 9-30
Catch up on the latest news in the defined contribution industry...
MutualFundWire.com -
Friday, August 30, 2019
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An RIA's MF Startup Keeps the Lead
The M* team updates flows data for July 2019 for ETFs and long-term, open-end mutual funds...
MutualFundWire.com -
Thursday, August 15, 2019
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The Fundster 401k Roundup, June 14-August 9
The summer is flying by, and it's been too long since our last defined contribution industry update for fundsters!..
MutualFundWire.com -
Friday, August 9, 2019
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ICON Layoffs Leave a VP Job Hunting
A sales exec is moving on from the Denver fund firm...
MutualFundWire.com -
Monday, August 5, 2019
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An NYC Boutique Hires a Chief
An ex-Alpine New Yorker takes over a wealth management RIA with its own MF...
MutualFundWire.com -
Friday, July 19, 2019
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Reader Rating: 5
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Ashton Kutcher and the Boston Behemoth Bet Together
The Hollywood star's VC fund and Fidelity are two backers of an ESG investing startup that aims to offer "a personalized ETF for everyone."..
MutualFundWire.com -
Friday, July 19, 2019
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Two Eaton Vance Arms Team Up
Under a new strategic initiative, two distribution teams will be integrated, some strategies will be rebranded, and some SMA offerings will be combined...
MutualFundWire.com -
Wednesday, July 17, 2019
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An Eight-Year OpFunds Vet Leaves Invesco
The move comes as OpFunds merges into Invesco...
MutualFundWire.com -
Tuesday, June 11, 2019
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An OpFunds RIA Exec Rises As an Invesco Vet Departs
The moves come after Invesco's purchase of OppenheimerFunds closed last Friday...
MutualFundWire.com -
Wednesday, May 29, 2019
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The Fundster 401k Roundup, May 3-17
Check out the latest news from the defined contribution side of the business...
MutualFundWire.com -
Friday, May 17, 2019
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A 10-Year RIA Specialist Leaves Allianz GI
A director of business development in the southeast departs...
MutualFundWire.com -
Wednesday, April 10, 2019
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A $26B Fund Administrator Will Bring ETF Support In-House
The chief is also hiring fund accountants and for transfer agency...
MutualFundWire.com -
Thursday, April 4, 2019
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Reader Rating: 5
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Why a Michigan RIA Teamed Up With a Fund Firm
The full-service firm will handle distribution for the fund, which merged into another fund...
MutualFundWire.com -
Thursday, March 21, 2019
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A CT Research Shop Enters the ETF Biz
The firm specializes in real estate investing and is a subsidiary of a wealth management RIA...
MutualFundWire.com -
Wednesday, March 20, 2019
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Reader Rating: 1
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The Fundster 401k Roundup, March 9-15
A private equity-backed RKer buys again...
MutualFundWire.com -
Friday, March 15, 2019
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The Fundster 401k Roundup, February 23-March 1
A big bank is rebranding its retirement plan business, too...
MutualFundWire.com -
Friday, March 1, 2019
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Fidelity Institutional Holds Steady
Abby Johnson and her team shed light on the Boston Behemoth's interesting, and record-breaking, 2018...
MutualFundWire.com -
Friday, February 22, 2019
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A Chi-Town Team Crowns Their First Fund Merger
The deal boosts one of their funds to $122.5 million and adds another PM to the team...
MutualFundWire.com -
Wednesday, February 20, 2019
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Reader Rating: 5
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What ETFs Will This Gotham Team Prep Next?
A New York City-based ETF entrepreneur talks about his hiring and product development plans...
MutualFundWire.com -
Thursday, February 7, 2019
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One of These 11 Innovators Is a Fundster
A trade publication recognizes an investment research giant's chief, an academic, a wirehouse's tech guru, a B-D network's chair, a tech ally to FAs, a KPA RIA's co-founder, and four other advisory firm's leaders...
MutualFundWire.com -
Tuesday, February 5, 2019
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A Multinational Takes a More Insti Approach to FA Channels
An asset manager's new global institutional distro chief talks to MFWire about what's next after a key U.S. hire...
MutualFundWire.com -
Thursday, December 27, 2018
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Meet St. Louis' Newest Fund Firm
A local paper highlights a 20-year-old firm's recent entrance into the mutual fund side of the business...
MutualFundWire.com -
Thursday, December 13, 2018
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Hennessy's New Prez Steps In to Host In NYC
The acquisitive mutual fund entrepreneur was out sick today for his 14th annual press luncheon in NYC. Yet the show must go on...
MutualFundWire.com -
Tuesday, December 4, 2018
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An ETF Startup Sticks to Value, With a Twist
A Chi-Town trio debut their first fund and plan more. Their mission is to rationally redefine value investing for the 21st century...
MutualFundWire.com -
Friday, November 2, 2018
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Week In Preview, October 29 - November 4
This week the teams at FIASI, the Philadelphia Fund Alliance, Schwab, and Stradley Ronon are all hosting events...
MutualFundWire.com -
Monday, October 29, 2018
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Brinker's Ex-Vice Chair Joins a Startup AM
The new hire will lead retail distribution for a family office's new asset management arm...
MutualFundWire.com -
Monday, October 22, 2018
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Week In Preview, October 8-14
This week the teams at AIMSE, ALFI, FIASI, IMEA, InvestmentNews, MainStay Capital Management, NICSA, Sheridan Road, and Tiburon are all hosting events...
MutualFundWire.com -
Monday, October 8, 2018
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Week In Preview, September 10-16
This week the teams at Echelon, Finra, FRA, the IDC, InvestmentNews, MMI, Opal, and the SEC are all hosting events...
MutualFundWire.com -
Monday, September 10, 2018
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In a Perfect Microcosm, a Focus Shop Buys a Fund Firm
The deal is one of the RIA ally's biggest ever sub-acquisitions...
MutualFundWire.com -
Thursday, August 30, 2018
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A Consultant Relations Director Joins Lord Abett in Chi-Town
The New hire will work with RIAs and family offices. ..
MutualFundWire.com -
Wednesday, August 22, 2018
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A $78.7B Shop's Distro Chief Plans Channel Diversification
Watch for a B-D's asset management team to push further into the DC I-O, institutional, insurance and RIA channels...
MutualFundWire.com -
Tuesday, August 7, 2018
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Meet the Familiar Next Owner of Cetera
Fundsters and defined contribution industry insiders may recognize the Bay Area private equity giant that is buying the giant indie B-D network...
MutualFundWire.com -
Wednesday, July 18, 2018
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Two Southland FAs Enter the MF Biz
If the first fund takes off, watch for them to launch more funds down the line...
MutualFundWire.com -
Monday, June 11, 2018
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BNY Mellon Invests Eight Figures Into Pershing
Lisa Dolly unveils a multi-year investment plan for the broker-dealers' broker-dealer...
MutualFundWire.com -
Wednesday, June 6, 2018
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