Portfolio

Brexit isn't seen having fallout as severe as the 2008 financial crisis, but you wouldn't know it from the rush to safety in the global market for sovereign debt.

There are risks of contagion to other countries, but "it will take a significant amount of time to see how all that unfolds," says Federal Reserve Bank of Dallas President Robert Kaplan.

The reductions will save current investors about $20 million annually and bring the average expense ratio for the funds to 10.2 basis points.

To build loyalty with the next generation, key steps include hiring younger advisers.

Holdings in gold-backed ETFs rose 7.6 tons to 1,947.9 tons on Wednesday, the highest level since September 2013.

Neil Menard, group president CNL Capital Markets and president of CNL Securities, said that there is still much industry uncertainty about managing change.

Arranging fixed income for periodic redemptions can deliver the risk/reward sweet spot.

Why advisers say they have not been discussing Social Security rules and regulations with their clients.

Fixed income has posted steady returns in these markets, while once high-flying equities have come crashing down.

Steps firms can take to better serve advisers and become industry leaders.