Franklin Resources Cuts 3% of Workforce

Published on February 4, 2025

The $1.6 trillion money manager is consolidating operations after clients of its Western Asset unit redeemed $120 billion.

       
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What's a Financial Advisor Really For?

February 4, 2025
Bestselling author Charley Ellis favors indexing and blasts AUM fees but says advisors can still add real value.      Related StoriesTrump Signs Executive Action to Create Sovereign Wealth FundMorgan Stanley Likes Annuity Issuers' Investments in Securitized AssetsPlanning Foundation Issues Grants to Support Pro Bono Guidance

Annuity Regulators Should Look Harder at Cayman Islands, CEO of Athene's Parent Says

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Athene rivals are hollowing out capital by moving business through entities based there, Apollo CEO Marc Rowan contends.