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BNY Mellon Launches Direct Indexing Solution for Financial Advisors

Institutional-quality investment solution available on BNY Mellon Pershing X s new Wove platform provides low-cost portfolio customization and tax optimization benefits
NEW YORK, June 6, 2023. | June 6, 2023 ....

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BNY Mellon Launches Direct Indexing Solution for Financial Advisors

/PRNewswire/ BNY Mellon (NYSE: BK) today announced a new direct indexing solution to financial advisors, managed by Mellon1, BNY Mellon Investment. ....

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Why Canada would benefit from 'direct index' investing

Direct indexing strategies are expected to outpace the growth of both ETFs and mutual funds in the U.S., but Canada has been slow to jump on board ....

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Focus Financial M&A head joins Savvy Wealth board of advisors

Plus, tru Independence launches a new wealthtech platform, findings from Nitrogen's inaugural advisor growth survey and Invesco comes to the Private Advisor Group platform. ....

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Taxes and ESG on Your Mind? Consider Direct Indexing

If investors prioritize minimizing taxes and ESG, then they may want to consider direct indexing, which is slated for exponential growth. ....

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