Sean Allocca

A billion dollars just isn’t what it used to be. The Securities and Exchange Commission announced a proposal last week that would raise the minimum size of a “small entity” to $1 billion in assets under management, up from the current $25 million level, a... See more

Goldman Sachs and BNY Pershing just swiped right on client referrals. BNY, the world’s largest custodian, is preparing to launch a matchmaking program that would pair RIAs that use its services with retail customers, according to a December filing . Its A... See more

Everybody, back on the ARK. Cathie Wood’s ARK Invest emerged as the top-performing ETF issuer in the US in 2025, a notable turnaround after several years of mixed results. Four ARK exchange-traded funds ranked among the top five equity funds last year, ac... See more

ESG may be the most controversial acronym in finance, but don’t tell that to ETF investors. Environmental, social and governance exchange-traded funds reached a new milestone, with global assets climbing to $799 billion through the end of November, accord... See more

Forget back-testing; all the new ETFs launched this year may need taste-testing first. The ETF industry threw spaghetti at the wall in 2025, unleashing a wave of new funds, and leaving advisors wondering which ones were the perfect al dente . Nearly 800 n... See more