Margaret Collins

Regulators should step up their inspections of digital advisers as these tools surge in popularity, the firm said.

A small group of existing customers will be the first to try out the mutual fund company's digital advice platform, Fidelity Go.

Top executives including Morgan Stanley's James Gorman and Wells Fargo's CFO John Shrewsberry said they must develop robos to complement their sales forces.

Consumer activist counters: “There will be a lot of hyperbole from the firms on the effects of the rule and blaming the rule for things that they would have done otherwise.”

The president's proposal aims to get more Americans to start working on a plan for their retirement.

Deutsche Bank plans to sell its U.S. private-client brokerage unit, according to people briefed on the matter.

James Simons, who founded Renaissance Technologies, hired Ashvin Chhabra to run his family office, leading to a shift in executive roles at Bank of America Merrill Lynch.

The Supreme Court's decision to allow same- sex marriage nationwide will remove tax and personal-finance headaches that have bedeviled gay couples.

Pimco's CEO Douglas Hodge said the firm is expecting and is ready for client redemptions following the departure of co-founder Bill Gross.

Employers are squeezing their workers' retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules. Taken together, these measures are making it more difficult to save for old age.

President Obama offered more Americans the chance to save for retirement through payroll deductions with a plan for new government-sponsored savings accounts.

Congress dangled an incentive for high-income Americans to convert their tax-deferred individual retirement accounts into post-tax plans. Their response was overwhelming.

Individuals in same-sex marriages will be entitled to the employer benefits of their spouse even if they live in a state that doesn’t recognize their union, the U.S. Labor Department said.

Married gay couples living in all U.S. states can file joint federal tax returns, even if local authorities don’t recognize their marriages, the Obama administration said today.

Investment pitches by entrepreneurs and hedge funds may get a higher public profile on television, through social media and even at sporting events following the lifting of an 80-year-old rule by U.S. securities regulators.

David Blain, a financial adviser in New Bern, North Carolina, likes exchange-traded funds so much he’s put all his clients’ money in them. He also thinks individual investors trading ETFs on their own may be in for surprises when markets come under stress.

The U.S. Supreme Court’s decision to overturn the core of the Defense of Marriage Act will narrow the financial gap between gay and straight couples.

Bank of New York Mellon is hiring as many as 100 people in its wealth-management unit as it seeks to counter lackluster earnings in other businesses.

President Barack Obama’s re-election means his administration will push to let tax cuts enacted during the George W. Bush era expire for high earners, as scheduled, at year-end. Obama wants to increase the top federal income tax rate to 39.6 percent from 35 percent, boost rates on long-term capital gains to as much as 23.8 percent, and shrink exemptions from estate-and-gift taxes.

Single-family offices are investing directly because of declining fund returns and concerns that some outside managers charge high fees and may have conflicts of interest