Portfolio

This group of planners can thank the Department of Labor for the new business.

The wirehouse has served as a major banker for the island commonwealth, which has been defaulting on a growing share of its debt and has been placed under federal financial oversight.

The ill-timed Alibaba trades add to the hedge fund industry’s woes as some of its biggest and best-known firms lose assets amid souring investor sentiment.

Financial institutions are looking to fintech entrepreneurs to bring innovation in.

The region is home to more than 35% of all ETFs in the world, and yet it only holds about 20% of the money invested.

Investment alpha is tough given “crazy valuations” in stocks and low bond yields, making strategies based on minimizing taxes essential.

Major home and car repairs are among the unexpected expenses that catch many retirees financially off-guard.

"We're moving to a subscription economy," says Motif CEO Hardeep Walia. "There are subscriptions for almost anything — music services, health care — why not investing?"

Plus, Merrill Lynch grabs UBS planners who managed $750 million in client assets.

Market valuations are generally high this year partly due to a lack of rate increases, but fourth-quarter positioning can still present opportunities.