Portfolio

Margins are down and expenses are up, Fidelity's new benchmarking study finds. Pricing models need to be re-visited.

The bank plans to start at least six bond ETFs next year.

With the President-elect Donald Trump's policies expected to increase interest rates, hedge funds may soon be put back to work.

Although retirement investors lose from the decline in bonds' value, they stand to gain from the rising payouts from 10-year Treasury bonds.

The reductions cover six of the firm's 17 multifactor offerings.

Dan Moisand's firm joins the Institute for the Fiduciary Standard's new listing. Moisand is a former CFP Board official and ex-president of the FPA.

The new hires opened two offices for the regional BD.

The fast-growing firm has recruited 25 advisers this year, and is affiliated with Raymond James.

The bank's fund unit is considering a launch within three to six months.

Since 2014, the bank has culled 17,000 clients as tougher capital rules make dealing with many smaller firms less profitable.