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What to know about the Vanguard Effect and how it has affected the financial industry.
Just as record companies in the early 2000s had to deal with the disruption caused by Napster and iTunes, many asset managers are facing a similar situation with the disruption coming from the DOL fiduciary rule.
Vanguard's army of index funds removes about $20 billion a year in revenue from the financial industry--is this bad news or good? That depends.
A record number of new exchange-traded funds is being created this year. Here are the most popular 5 ETFs.