Portfolio

"It was terribly important to us that we were participating and supporting a partnership with a firm that is innovating and has strong backing," said Richard Steinmeier, head of the Wealth Advice Center at UBS.

In an almost immediate response, the industry created a new T share class, which replaces high, upfront commissions with trailing commissions.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

The year-old automated advice service is revealing some new ways advisers use robos — and it's quelling some big fears.

Train them to use these strategies during jittery markets.

Advisers may need to put the brakes on those who want to invest too heavily in specific sectors.

These options can outperform under the right circumstances

MLPs deliver returns and may help lower payments to the IRS. Plus, the costs of age-related milestones and ETFs.

More than 60% of mass affluent clients don't know how much they are charged, according to a new study by consulting firm A.T. Kearney.

Clients holding municipal bonds are in a good position to wait it out, after policy makers left the target interest rate unchanged and signaled increases will be gradual, strategists said.