After a shaky couple of months, mutual fund assets are ever-so-slightly climbing.
By category, stock funds moved up to $3.111 trillion, with inflows totaling $758 million. Thats pretty good news when compared with Septembers outflow numbers of $29.35 billion.
Bond funds had combined assets of $934.8 billion this month -- a big difference from $3.1 trillion in stock funds. Yet inflows continued to rise -- totaling $13.51 billion in October, up 43% from September.
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
Securities and Exchange Commission Commissioner Hester Peirce announced Friday that she would leave the agency on Oct. 2.
"The Listening Advisor" author John Gatewood preaches a five-part framework that he says can help financial advisors build deeper relationships with their clients and open valuable careers to aspiring planners.
Two years after Hurricane Helene hit his hometown, Earth Equity Advisors founder Pete Krull argues advisors need franker conversations about where clients invest and where they retire.
Valuation expert David DeVoe says he thinks the falling deal numbers are less of a reflection of waning demand and more of general economic concerns.
Recent tax law changes are prompting businesses to rethink entity structures. Here's what financial advisors need to know when guiding clients or making decisions about their own RIAs.
