Morningstar, the mutual fund tracking firm in Chicago, plans to expand its presence on the Internet with a $91 million investment it has received from Softbank Corp. of Tokyo. Softbank invests in Internet businesses. The investment gives Softbank a 20 percent ownership interest in Morningstar. Softbank intends to build the world's first Internet conglomerate.
Medicare now covers weight-loss drugs as part of an 18-month program to expand access. Here's what advisors need to know about the coverage — and what it can save clients in the long run.
August is National Make a Will Month, but advisors say it's important to urge clients year-round to secure their wishes by keeping wills and estate plans fresh.
Women are projected to receive more than $100 trillion in the so-called great wealth transfer. But their planning needs can differ from men's.
Web designer Bonfire Studio asked ChatGPT for advisor recommendations in five metro markets. The results give advisors more reason to tend to their online presence.
With trillions on the table, advisors who know how to start conversations with clients' heirs risk losing far less than those who don't.
Retirement savers often don't realize what they're paying in fees or how much they can lose by leaving rollover cash uninvested, but advisors can help on both fronts.
