Retirement planning

The new leader will have to focus on actively managed U.S. mutual funds at a time when index-tracking products like exchange-traded funds are attracting increased investment.

The number of registered investment advisors in the Sunshine State is up 27% over the last 5 years.

Clients depend on us to know not just how to handle their investments, but why they are investing in the first place.

The deal adds 4M clients to the division’s 16.6M clients.

Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases.

For most people, thinking that investing in crypto with retirement money could save on taxes may just wind up jeopardizing their retirement, writes Alexis Leondis.

Retirement plans that enroll all eligible employees get a very low opt-out rate -- and can help both workers and their employers.

The move brings wealth building and retirement planning advice to a large, underserved population of new clients.

There is no single path to retirement today, and employees are demanding more variety from company offerings.

Employees will receive personalized insights, guidance and tools to build a financially secure retirement.

The vision is to democratize “high-quality, personalized advice at scale, just as the independent advisor has disrupted wealth management,” the companies said in a statement.

The oldest borrowers hold the fastest-growing piece of the U.S.’s $1.7 trillion student-loan pile.

“It will dramatically expand the number of advisors who will be fiduciaries under ERISA,” says one expert.

About 76% of the average account was in stocks across the 4.7 million participants in plans that Vanguard keeps records for.

With the burden on participants to figure it all out, it's no surprise that more often than not, they just give up, Alexis Leondis writes.

“Financial wellness is front and center [for employers], so the partnership between Betterment and Lumity made perfect sense,” says Amit Ahluwalia, Lumity’s national employee benefits practice leader.

Make female executives and heiresses feel dumb about personal finance and they’ll take their portfolios elsewhere.

Retiring before the full retirement age can result in a cut in Social Security benefits by as much as 30%, research shows.