News Mentions & Press Releases

Why big banks keep raking in deposits

October 23, 2019
Andy Peters — American Banker

Bank of America and other large banks continue to rake in deposits even though interest rates are falling and customers are earning less on their money.

The deposit growth likely stems from a combination of consumers looking for safe havens amid growing concerns about the economy and the largest banks using their heft to take market share from smaller competitors, according to analysts and shareholders.

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Bloomberg Daybreak: Australia’s Full Show

October 11, 2019
Shana Sissel — Bloomberg TV

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U.S. Stocks Climb After Jobs Report

October 4, 2019
Gunjan Banerji and Avantika Chilkoti — Wall Street Journal

U.S. stocks rallied to end a volatile week, as the September jobs report and continued bets on interest rate cuts helped ease fears about an economic slowdown.

Job growth in the U.S. remains a bright spot, even as signs of weakness mount in the manufacturing and services sectors. Earlier this week investors worried about a potential downturn pushed the S&P 500 down more than 1% in back-to-back sessions for the first time this year.

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Non-Transparent ETFs: The Potential Impacts on the Market

October 4, 2019
Brenton Garen — ETF Trends

The non-transparent ETF structure continues to gain traction among active ETF managers who value the confidential nature of these investments.

Unlike typical ETFs, non-transparent ETF managers don’t have to disclose their fund’s investments every day. This preservation tactic helps to keep asset managers competitive by allowing them to differentiate their investment strategies and product offerings.

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October 1, 2019
TD Ameritrade — TDA Network

CLS Investments’ Chief Investment Officer, Marc Pfeffer, joined @OJRenick on the TDA Network to share his top ETF picks heading into the fourth quarter and the sectors he’s currently avoiding.

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U.S. stocks slid lower Friday, closing out a second week of losses, as investors weighed a report that the Trump administration is considering potential curbs on U.S. portfolio investments into China.

Investors also kept an eye on U.S. mixed economic data and the geopolitical implications of whistleblower complaint against President Donald Trump who is facing an impeachment inquiry in Congress.

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Disruptive technology, outstanding teamwork and best-in-class client service recognized at annual ceremony

OMAHA, Neb., SEPTEMBER 24, 2019—Orion Advisor Solutions, LLC (“Orion”), a provider of financial advisor technology and investment solutions, earned recognition for its ongoing commitment to helping advisors innovate, disrupt and win, taking home top honors in four categories at the 2019 Industry Awards:

  • Disruptors: Industry, ASTRO
  • Technology Providers: Rebalancing
  • Technology Providers: Chief Marketing Officer of the Year (CMO), Kelly Waltrich
  • Asset Managers: Socially Responsible Investing (SRI)/Impact Investing: CLS Investments (CLS)*


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Hong Kong-based venture capital group CMCC Global launched its Liberty Bitcoin Fund to provide crypto currency access to accredited investors in Asia who are very interested but have been slow to buy the coins directly…

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Cumulative Returns and the Power of Compounding

September 13, 2019
Kostya Etus, CFA, Senior Portfolio Manager — ETF Trends

In performance reports, time periods over one year are often annualized. Annualized returns may seem small, but compounded over a long period, they result in significant cumulative returns. As returns get higher and the time period stretches, small differences begin to have a more exponential impact. But it is important to note that returns do not typically exclude the impact of inflation. Inflation erodes your wealth behind the scenes, and you would be well served not to forget about it.

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Vanguard's Ambitions Create a Five-Year Spiral for ETF Advisers

July 25, 2019
Vildana Hajric — Bloomberg

With the flick of his wrist, Richard Michaud flashes his Apple Watch and presses on its sleek black screen. In a few taps, green and red squiggles appear, revealing how the market performed that day. But this isn’t a benchmark like the S&P 500 or the Russell 2000. Instead, Michaud’s screen reflects the trajectory of his firm’s own strategies, using an index he started earlier this year.
“You can check it on your phone in real time,” says Michaud in an interview. “There’s no index like this in the world. These are all totally new.”
The proprietary gauge is one of several that Michaud, who runs Boston-based New Frontier Advisors with his son, Robert, created to stand out from the crowd. His peers are starting podcasts, ramping up their social-media footprint, and even creating video content. But all this creativity is aimed at fending off an existential threat.

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