Banco Popular de Puerto Rico

Some accuse index funds of promoting monopolies and distorting markets, among other horrors, but nothing has stemmed the wave of inflows to passive.

There’s a showdown looming between financial advisors and the custodians that safeguard their clients’ money. It’s been brewing for some time, and the move by Charles Schwab on Tuesday to offer commission-free trading makes the clash all but inevitable.

Studies purport to have proven both that socially responsible investing hurts returns, and that it can boost performance.

The firm’s shares presumably trailed rivals for a reason — did anything from the third quarter drastically change those views?

The firm is finding it harder to squeeze more profit out of its wealth management business.

Given that almost one-third of leveraged loans are just a downgrade away from triple-C, even a modest slowdown could create a snowball effect of sorts.

While the acquisition still needs regulatory approval, combining the two companies could be considered “anti-trust” in a different way.

Fund industry Darwinism should be seen as healthy and natural in a thriving — albeit brutal — market, an expert says.

The top brass being unaware of this stuff happening on their watch doesn’t inspire confidence.

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.