Investments

The policy shift affects the wirehouse’s separately managed accounts.

SigFig reportedly lays off a percentage of its workforce, while a former Fidelity marketing chief joins Personal Capital.

Data reported by the Investment Company Institute.

More than $1 trillion is invested in bond ETFs, with trading leaping 41% in 2018 from a year earlier, according to research.

By slashing fees, custodians are also eliminating special ETF platforms they had spent the past five years building out.

The strategy has in theory made no money for investors 42% of the time since 2018, new research shows.

The move follows similar offers from other major brokerages in the last two weeks, as firms race to woo clients with the lowest-priced products possible.

The RobustWealth and Wells Fargo acquisitions are boosting the firm’s technology and scale as firms of its type diverge on their approach to a changing industry.

When searching for the right plan, it is important that retirees assume their health will one day change.

The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.

Despite recent rebranding efforts, the EventShares fund hasn’t seen an inflow since May.

Independent investment platforms are projected to lose market share to larger entrants, according to industry data.

In a little-noticed rule change, mutual funds no longer disclose their shrinking BD commission load-sharing payments.

“Not every muni is trying to achieve the same thing,” an expert says.

The decommissioning of redundant measures outweighed the creation of new benchmarks, according to a new report from the Index Industry Association.

Geopolitical friction and a slowdown in global economic growth have boosted the metal’s demand despite signs of recent wavering.

Clients should consider paying more deductible expenses before year-end if their total itemizable deductions will be close to their standard deduction amount.