Investments

Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.

Lenders have learned that automated wealth management tools enhance interactions with clients — and bring in more business.

Advisors say they’re allocating assets based on client objectives, but they likely are not, according to SEI’s survey.

Investors wary of an intensifying trade war have piled into the firm's bond products, boosting net flows to $151 billion, according to the company.

Financial firms are grappling with what — and how — to tell consumers about the use of their private information.

The firm's price and valuation exceeded expectations.

Taking a page from robo advisors, firms must prioritize an intuitive technology experience for clients.

A search for returns in less liquid assets may blur the transparency of real portfolio value.

The asset management and software giants plan to start the rollout of their 401(k) tool and app later this year.

The correlation between fees and performance is not “apples-to-apples when taking the funds’ underlying exposures into account,” an expert says.

The SEC’s 564-page rule shows the new disclosure could prove time-consuming, even vexing, for firms.

The decision marks a shift for firm, which has largely ridden its equity-fund offerings.

The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.

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.