Investments

Before saving for retirement, young investors are advised to pay down high-interest debts and build an emergency fund, an expert says.

Lower costs are “pushing down what has been the economic model of our industry,” the Schwab EVP says at the In|Vest conference.

More than one-third of the $1 billion new assets on the digital advice platform are from new clients.

Expense ratios associated with the new products range from 0.05% to 0.07%.

The advice industry’s current structure is “dumb” and in need of fixing, according to Betterment CEO Jon Stein.

The transition is expected to take place within the next 12 to 18 months, however the firm says it will still manage the products’ underlying investments.

Regulators are asking cannabis fund providers to produce third-party legal opinions verifying they don’t violate state or federal laws.

The $3.7 million fund returned more than 40% in the second quarter, outperforming all domestic non-leveraged ETFs.

A new report asks whether the products have the potential to spark another crisis despite being created at the urging of the SEC to reduce risk.

They may look good on paper, but such investments also come with thorny challenges.

The independent broker-dealer differentiates itself from competitors by offering an active portfolio and by giving access to advisors rather than clients.

Since introducing an ongoing fee model, the platform has seen a 25% rise in account openings, according to the firm.

This basketball analogy can help you explain how portfolio diversification works across multiple asset classes.

The firm has shed fund holdings in defensive sectors such as health care and consumer staples.

The firm’s complicated relationship with these fees is indicative of the industry’s overall struggle to find a balance between appropriate compensation and transparency.

The new digital products are a significant opportunity for the bank, experts say.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Although first written off by industry experts, independent digital-first firms now hold billions in assets.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.

For clients’ portfolios that need international diversity, these funds focus on the region.