Investments

It’s a move that combines two businesses providing products and services in high demand — investment returns and retirement income, the firms said.

Such products attracted more than $32 billion in January and February, by far their best start to a year.

The RIA acquired the innovative practice while bulking up its social justice investing efforts and its wealth redistribution planning services.

The first deal under new Betterment CEO Sarah Levy will net the firm 17,000 accounts and $190 million in client assets.

While the quant firm will miss becoming the first to flip mutual funds to ETFs, its nearly $26 billion conversion will by far be the biggest.

This group carried fees nearly three times the industry average.

Some familiar names top the list for these investors who kept about 35% of their brokerage assets in equities.

New entrants are gaining traction while established players continue to grow.

The move by Guinness Atkinson is likely to be just a start — quant giant DFA is already next in line to make a similar change to its product line.

Much of the confirmation hearing revolved around trading January spikes in GameStop and other stocks.

Spooked by rising bond yields, traders punished the pricier parts of the equity market last week, including many of the fund's top holdings.

The most gilded name on Wall Street has been dealt a blow with two top leaders from its Marcus consumer unit defecting to a new Walmart venture, mere weeks after they were elevated.

The stock exchange has said it will end trading in shares of certain China-based companies, thanks to a long-running accounting dispute, writes Earl Carr.

The impact of lockstep moves in bonds and stocks can be seen in sophisticated portfolio strategies such as risk parity, experts say.

Self-directed investors have opened more new accounts at the firm in 2021 than in the third and fourth quarters combined.

Meme stock traders took their latest cues from a cryptic tweet and favorable short-seller report.

These long-term leaders also generated gains of more than 76% over the past year.

Robinhood has faced criticism by lawmakers and the public since last month’s surge in trading of certain stocks, driven by retail investors.

Scoring across nine quantitative and qualitative metrics, here’s how Backend Benchmarking ranks the industry’s digital advice providers.

The Depository Trust & Clearing Corporation is offering a blueprint for speeding up the settlement process.