Nir Kaissar

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

Some accuse index funds of promoting monopolies and distorting markets, among other horrors, but nothing has stemmed the wave of inflows to passive.

Roughly 45% of Berkshire’s stock portfolio is allocated to the financial sector, and eight of the portfolio’s top 12 holdings are financial stocks — a deeply contrarian bet.

By requiring brokers to look out for clients’ best interests, the SEC is effectively requiring them to give financial advice, which distinguishes them from online brokers and should let them keep charging clients premium fees.

The firm is leveling the playing field on fees for a fair fight between stock pickers and smart beta bots.

The first U.S.-listed marijuana ETF already has inflows of $386 million this year.

Investors are increasingly focused on fees, and the problem for Wall Street is that there’s nothing it can do that Vanguard can’t do more cheaply.

Advisors at Fidelity, Schwab and other large discount brokerage firms make more money if they steer clients toward more expensive products.

Record-high stocks, growing geopolitical risk. Is our current market becoming eerily similar to 1972?

Let's have a robust discussion about how to improve outcomes for clients, but let's stop inventing bogus reasons why we shouldn't look after their best interests.