Investments

Other custodians are skeptical that financial planners want the tool in the first place.

The employee and independent BD collected excess UIT commissions and failed to properly review inactive accounts, the regulator says.

The firms broke with Climate Action 100+, a group of money managers overseeing more than $33 trillion, during this proxy season.

The annual “evolution revolution” report and an analyst’s overview show how fiduciary advice is reshaping wealth management.

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

Cloning funds and shifting client cash may be Wall Street’s best hope for challenging the dominance of firms like State Street, BlackRock and Vanguard.

Alternative compensation structures may provide more consumer protection, and drive higher client satisfaction.

It’s official: inexpensive index funds and ETFs have finally eclipsed old-fashioned stock pickers.

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

There’s a misunderstanding at the heart of some of this year’s most popular and hated trades within the $4 trillion market for ETFs.

In addition to launching an automated investing app, the bank created a dedicated advisor unit to provide personal service to customers when they need it.

Tech is making it easier for advisors to break away, but navigating the complex vendor landscape can be challenging, says the firm's director of RIA practice management.

Narrowly focused investment strategies are a recipe for “feast or famine,” an analyst says.

The Phillips Curve is in doubt, the bond market is distorted and a tweet can shift the trajectory of global markets in a matter of seconds.

“As we’ve gone through various crises, we’ve still told clients to stay invested and not get out of U.S. equities, it’s too early,” said Sharmin Mossavar-Rahmani, CIO for Goldman’s Private Wealth Management.

Investment in technology and data management is becoming increasingly critical to distribution, and to managing regulation, reporting and operations.

The fund has returned 54.5% on its investments this year through August, fueling a 48% gain for shares of Pershing Square Holdings.

Asset manager Millburn Ridgefield is banking on artificial intelligence as it moves further away from its 1970s-era tradition in trend following.

The IBD trade group launched a public campaign after more than 80 cases this year alleging inadequate disclosure of mutual fund fees and compensation.