Schwab Paid $187 Million to Settle a Hidden Fee Charge. Do You Have Hidden Fees in Your Portfolio? | Ap | thederrick.com

2022-06-25 05:10:09 By : Mr. Dan Sun

Please log in, or sign up for a new account and purchase a subscription to continue reading.

Please log in, or sign up for a new account to continue reading.

Thank you for reading! We hope that you continue to enjoy our free content.

Sunny skies. High 87F. Winds light and variable..

Partly cloudy. Low around 65F. Winds light and variable.

Charles Schwab has agreed to pay $187 million to settle an investigation by the Securities and Exchange Commission (SEC) that alleged hidden fees were charged by the firm's robo-advisor product Schwab Intelligent Portfolios (SIP). The SEC says that the financial services company failed to disclose a "cash drag" on client portfolios, which caused them to make less money for the same risk in most market conditions between 2015 and 2018. Schwab has neither admitted nor denied the SEC claims.

SmartAsset can match you with a fiduciary financial advisor who can point out hidden fees and put your client interests first.

Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

For copyright information, check with the distributor of this item, SmartAsset.

LAFAYETTE, La. (AP) — There are rows upon rows of sunflowers and zinnias at Petite Anse Farm in New Iberia, but they’re not just meant to be seen. The hardy flowers suited to the heat of south Louisiana summers are there to be picked.

Olympic silver medalist Fred Kerley won the 100 meters at the U.S. outdoor track and field championships  Friday night. Kerley crossed the line in 9.77 seconds, followed by Marvin Bracy-Williams and Trayvon Bromell. All three earned spots on the U.S. team for world outdoor championships in Eugene next month. Melissa Jefferson of Coastal Carolina, who finished eighth in the 100 at this year's NCAA outdoor championships, edged Aleia Hobbs in the women’s event.

Javier Báez hit a grand slam to quiet a fan in the front row and homer for the third straight game, lifting the Detroit Tigers to a 5-1 win over the Arizona Diamondbacks. Báez homered in consecutive games against Boston and launched his seventh career grand slam off Merrill Kelly in the third inning of Detroit’s first game in Arizona since 2017. Báez didn’t watch as the ball sailed deep into the left field seats, turning instead to emphatically drop his bat while looking at a fan sitting near the on-deck circle. He circled the bases and, after high-fiving teammates, pointed to the fan before putting a shushing finger to his lips

The Tampa Bay Lightning spoiled Colorado’s party and they are still in the hunt for a third straight Stanley Cup title after beating the Avalanche 3-2 in Game 5. Ondrej Palat scored with 6:22 remaining and Andrei Vasilevskiy stopped 35 shots in front of a raucous crowd hoping to celebrate the Avalanche’s first championship in 21 years. The Cup was all shined up and in the building, too.  It’s heading back to Tampa for Game 6 on Sunday night, with the Lightning down 3-2 in the best-of-seven series. Nikita Kucherov and Jan Rutta also scored for the Lightning. Valeri Nichushkin and Cale Makar had goals for Colorado.

BEIJING--(BUSINESS WIRE)--Jun 25, 2022--

Up to 40,000 Army National Guard soldiers across the country - or about 13% of the force — have not yet gotten the mandated COVID-19 vaccine, and as the deadline for shots looms, at least 14,000 of them have flatly refused and could be forced out of the service. Guard soldiers have until next Thursday to get the vaccine. Data obtained by The Associated Press shows that between 20% to 30% of the Guard soldiers in six states are not vaccinated, and more than 10% in 43 other states still need shots. Guard leaders say states are doing all they can to encourage soldiers to get vaccinated by the time limit.

Supreme Court overturns Roe v. Wade; states can ban abortion

Democratic officials across the nation hope to harness their party's collective outrage and sadness to improve their political outlook this fall after the Supreme Court's stunning decision to overturn Roe v. Wade. Abortion was an afterthought for much of the year for many voters. It was overshadowed by record gas prices, surging inflation and President Joe Biden’s low popularity. But on Friday, a Supreme Court majority of conservative justices ensured that abortion would be a central issue in U.S. politics for the foreseeable future. Polling shows that relatively few Americans wanted to see Roe overturned.

Supreme Court overturns Roe v. Wade; states can ban abortion

Lightning win Game 5, deny Avs chance to take Stanley Cup

Alejandro Kirk went 4 for 4 and homered for the third straight game before leaving with a bruised left hand in the seventh inning of the Toronto Blue Jays’ 9-4 victory over the Milwaukee Brewers. Kirk appeared to get hit in the hand on a backswing from Jonathan Davis in the seventh. The catcher remained in the game for the rest of that at-bat before leaving at the same time the Blue Jays made a pitching change. The team said Kirk underwent precautionary X-rays that came back negative.

Justin Verlander pitched four-hit ball over seven innings, Kyle Tucker hit a three-run homer and the Houston Astros beat the Yankees 3-1 to stop New York’s 15-game home winning streak. Hours after Aaron Judge agreed to a $19 million, one-year contract with the Yankees that avoided an arbitration hearing, New York was greeted with loud ovations by just its third home sellout crowd this season. Judge went 0 for 4 as the major league-best Yankees lost for just the fourth time in their last 23 games overall. Verlander averaged 95.5 mph with his fastball, up from 94.8 mph coming in during his first season since Tommy John surgery.

KANSAS CITY, Mo. — Edward Olivares — it appears — does not want to return to Omaha.

Ryan Preece won for the second straight year at Nashville Superspeedway and gave David Gilliland Racing its second consecutive NASCAR Camping World Truck Series victory Friday night. Preece shot ahead on the final restart with nine laps left and held off fellow Ford driver Zane Smith. Preece has made only eight Truck starts, winning both of the series’ events on the 1.33-mile oval. He also has won twice on the Xfinity Series. The 31-year-old Preece, from Berlin, Connecticut, is a reserve driver for Stewart-Haas Racing. He’s racing a limited scheduled in NASCAR’s top three series. Cup driver Todd Gilliland won for his father’s team last week in Iowa on the dirt at Knoxville Raceway.

MOTORCYCLES WANTED *BEFORE 1985* All Makes & Models R…

Wanted to buy : Older cars and trucks from 1920s thru 199…

SWM looking for SWF 45-55 in Oil City or Cranberry area. …

Strawberries, Blueberries, Sweet Corn, watermelon. Baughm…

Found - nice cat on Sleepy Hollow Road, call to identify.…

Attention Please read the book of JOHN Chapter 11 in the Bible.

INTERNET USA Choice Internet 814-678-8831

Letters Testamentary of Estate of George O Zinsser, late …