Portfolio

The firm's decision has advisers and clients questioning the investment policies and maturity of the digital platform.

Automated advice can provide efficiency, but it is not going to be for every adviser, says LPL's chief information officer, Victor Fetter.

The acquisition enables Zurich-based GAM to introduce a computer-driven trading system focused on long-only and alternative strategies, the fund manager says.

The reductions will save current investors about $20 million annually, the firm says.

Debt crises, fiscal cliffs and market bubbles will always capture headlines, but are often short lived.

Social media is included in regulatory requirements.

This may prove to be the right combination during times of uncertainty.

The proposed rule would require firms to have blueprints in place for natural disasters, cyber disruptions and transitioning clients if a practice winds down.

The new recruit is joining Corient Capital, an independent firm founded a year ago by ex-Merrill Lynch advisers.

Sending performance statements every 90 days can undercut planning goals. There is a better way to keep clients informed.