Finance

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

The purchase is a part of a growing effort to provide investors with information about the eco-friendliness of their portfolios.

Fidelity already has a private fund in China, and BlackRock plans to launch one as well.

July 31: Being a good judge of character is a central ingredient, the co-founder of LM Capital says.

Data reported by the Investment Company Institute.

CEO Dan Arnold said advisers’ uncertainty about the fiduciary rule is waning.

"This is a challenging time for the firm with the DoL rule," CEO Paul Reilly said.

The rule has cost the firm tens of millions of dollars in compliance and lost revenue.

Outlook for faster growth is supporting developing-nation bonds despite the increase in U.S. and European rates over the past year.

There are a number of issues the industry must address ahead of an imminent digital-first market, an expert warns.

Investors pulled $2.1 billion from domestic mutual funds and ETFs in the week ending July 12.

Second-quarter revenue from brokerage services fell 3% year-over-year while assets under management jumped 26% to $14.8 billion.

A net 80% of investors think America is the most overvalued region, analysts say.

Energy was likely a “headwind,” analysts wrote.

The leading independent robo adviser added another $70 million in funding.

These works of nonfiction and fiction can provide inspiration for better practice management and client services.

The Buffalo-based institution generated $127 million in second-quarter revenue from trust services, up 5% year-over-year.

The manager says his research into one of the natural world’s most byzantine systems has helped to better understand the financial markets.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The firm needs a digital advice offering for clients who don't want a traditional relationship, CEO James Gorman said.