Portfolio

If estate planning documents don't use the right language, it can sometimes lead to costly and time-consuming alternatives.

The index rose more than 300 points, reaching its highest close ever.

In an industry that’s all relative, sometimes a 14% return puts you near the bottom of the pile.

The software is powered by analytics previously available only to larger institutions.

The fund's preference for cheap companies hurt returns last year but its quantitative strategy and “rock bottom” fees are reasons to consider owning the fund, according to the research firm.

Advisors are increasingly finding themselves outmaneuvered by robos, but they can use the same technologies — algorithms combined with big data and machine learning — to overcome this challenge.

Brian Moynihan said "it’s just our view that customers should be careful here."

The firm also reported that its advisor ranks were up 2% year-over-year, boosted by its training program.

The ultra-wealthy portfolio has a large percentage of illiquid assets and advisors without tools to manage that aspect will lose that client, says one provider.

Investors chasing upside this year have contributed to a historically significant level of bullish positions, data show.