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McNabb said investors pay an average of 12 cents per $100 for Vanguard’s mutual funds and ETFs and that in five years that number could fall below 10 cents.

A $2.2 billion Morgan Stanley team's move to independence shows how breakaways use shell companies to take advantage of the legal pact, and why more than 1,500 firms have signed on.

Even though the bank has great confidence in the processes it built, it nonetheless is "re-reviewing everything it's doing," says the bank's CEO.

IRAs are not subject to as many rules, allowing investors to make withdrawals that conform to their portfolio strategy.

The firm's digital advice service, to be piloted in early 2017, is a bid to give RIAs unprecedented scale.

The new recruits are the 10th team to join HighTower this year.

Tiny COLA increases set for 2017; taxable earnings threshold also raised, making tax less regressive.

The regional brokerage firm picked up recruits from Wedbush Securities and Merrill Lynch.

Clients may be less anxious if they know their portfolios include funds built for stability.

Strong growth in deposits and mobile users, as well as questions concerning Wells Fargo, had BofA executives addressing the notion of scaling back branches.