Mallika Mitra

1 week ago | nwitimes.com | Mallika Mitra

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1 week ago | etf.com | Mallika Mitra

Model portfolios allow financial advisors to spend less time on portfolio management and more on creating and maintaining a strong full financial picture for their clients—and more commonly, advisors are using active exchange-traded funds to do it. Assets in third-party model portfolios hit more than $645 billion at the end of March, a whopping 62% increase from June 2023, according to Morningstar’s latest report on the landscape of model portfolios.

1 week ago | tulsaworld.com | Mallika Mitra

When you’re hit with a surprise cost like a car repair or medical bill, waiting for payday can be challenging. But sometimes, you don’t have to. Enter earned wage access (EWA), which goes by numerous nicknames — on-demand pay, daily pay, instant pay, same-day pay, instant payroll, and accrued wage access among them — and allows you to snag the money you’ve earned early. Some companies offer EWA as a company perk, but there are also third-party services that bring it directly to consumers.

1 week ago | theeagle.com | Mallika Mitra

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3 weeks ago | etf.com | Mallika Mitra

Investors looking to benefit from the growth of private market giants like Blackstone, Brookfield, KKR and Apollo may be interested in VanEck’s latest exchange-traded fund: the VanEck Alternative Asset Manager ETF (GPZ). Launched on Thursday, the fund provides targeted exposure to alternative asset managers, including leaders in private equity, venture capital, private credit, private infrastructure and private real estate, according to the firm’s press release.