Finance

The last time the percentage was greater was when the S&P 500 was near its previous peak before the financial crisis.

Large, active hedge funds shorted Comex futures because of the risk of higher U.S. interest rates, driving down prices of the metal, an analyst says.

The bank's wealth management businesses earned $124 million on $600 million in revenue in the second quarter.

Convinced that clients want as much human interaction as ever, the Wall Street firm is using machine learning to help its financial advisers stay informed and work efficiently.

The firm also said it has benefited from low attrition and its training program.

While the firm's conquest of the money-management business may seem inevitable, it’s a mistake to extrapolate its recent success into the future.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

Marketing and sales strategies are better received when firms provide information advisers are actually seeking.

The firm's headcount has steadily declined since the bogus account scandal came to light last year.

The app allows users, many of them first-time investors, to get started for as little as $5.

July 17: The space, once scoffed at by managers, is expected to grow by more than $300 billion this year.

Second-quarter revenue climbed 9% year-over-year even as the number of advisers dropped by 6%.

The firm’s growth last quarter was the biggest since the 2014 departure of its co-founder Bill Gross.

Actively managed mutual funds and ETFs that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to Morningstar.

For those worried that high valuations guarantee trouble in the markets, data shows pricey equities can get even pricier.

Aside from stocks, strong and consistent trends have been hard to come by this year.

Prices that reached an almost seven-month high in June have now dropped for five straight weeks, the longest slump this year.

You’ve proven your value to clients for years. Isn’t it time to give yourself a raise?

In the latest deal, financial planning software developer RightCapital secured $1.6 million in seed funding.