Portfolio

Clients should use the first-in, first-out strategy when selling stocks or funds in their portfolio to avoid hefty penalties; Plus, why middle class households are saving more than the rich.

As an advisor, you're not necessarily obligated to vote proxies for client portfolios. But you must make sure your policy is articulated clearly. Here are a few things to keep in mind.

Young HNW investors are very comfortable with digital wealth management tools, and many don't even have (or seem to need) an advisor.

Scott Powers retires as head of State Street Global Advisors in Boston.

Ronald O’Hanley, who stepped down last year as head of Fidelity Investment’s asset management business, is set to run State Street Corp.’s $2.45 trillion investment arm.

Floating rate funds offer solid income, but can be extremely volatile.

The advisor, now barred from FINRA, allegedly violated his firm's policies and FINRA rules when he borrowed money to build a oceanfront vacation rental.

The pace of RIA dealmaking has leveled off over the last few years, with no increase in the number of deals over the previous year and aggregate AUM acquired ticking up only slightly to $47.4B from $43.7B, according to new data from Schwab Advisor Services.

With the inclusion of data analytics, wholesaler compensation can be adjusted to put more attention on asset retention, says Matthew Fronczke, a director of research at kasina.

Growth and value funds both have generated profits for the past years, but which is higher? Take a look at the five top-performing funds in each broad category.