FPA and Allianz: 74% of surveyed planners will spend more time per client relationship
The June survey of 387 planners also found 67% expect to evolve their business model; those with under five years of experience were more likely than veterans to say so.
IRS Notice 2026-62 treats one 351 ETF conversion sequence as taxable
The guidance expresses no view on funds that keep assets matching their strategy, and Baird's Steffen says sound conversions remain viable.
All Magnificent Seven companies fall short of a 1.5°C climate pathway, Morningstar says
Alphabet, Amazon, Meta and Microsoft face heightened climate transition risk as operators of hyperscale data centers, Morningstar says
Schwab Advisor Services net new assets rise 47% in Q3
CEO Rick Wurster drew a contrast with Fidelity after Fidelity told sub-$100 million custody clients to move by June 2027.
Mercer Advisors refinances $1.9 billion in first broadly syndicated loan
The seven-year term loan and $340 million revolver, led by Goldman Sachs, cut the rate by 1.75 points; Mercer says savings will fund acquisitions.