Investments

A team of Bank of America specialists help the superrich diversify with farms, ranches and other alternative investments.

The firm says it will focus the new funds on tech, demographics, urbanization, climate change and emerging global wealth.

The “materiality of risks with not considering" the strategy is the primary consideration for its implementation, a UBS survey finds.

New contracts reached a 10-year high as key stakeholders praised a bill before the U.S. Senate which could expand the products to more 401(k) plans.

Among other changes, the bank lowered its minimum investment.

There's a lot to navigate when it comes to assuring clients that the benefits outweigh the headaches.

Two-thirds of women say they don’t work with an advisor because they believe they can’t afford it or don’t have the necessary assets.

The firm agreed to “remove language that formed the basis of the alleged misrepresentations."

Under new leadership, the firm’s iShares unit intends to create funds that it says go beyond traditional sectors and geographic focuses.

Revisiting his predictions from 2017, he doubles down on the importance of firms adapting to embrace industry trends — and offers some new forecasts.

Advisors will find the lowest, near-zero fund. Do they read the fine print?

More than 25% of the products were sold with shorter or static maturities in the first quarter, compared with only 10% for the same period last year.

The losers “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

The firm hopes to follow advisors' lead on what's best for their business in its outsourced advisory models, says CIO Burt White.

“When we think about these offerings, there are no hard lines that are drawn here,” said Merrill Lynch boss Andy Sieg.

But the new rules may be a boon for some fintech firms.

Fee pressure and improvements in data and analytics are among the leading issues the industry faces today, executives say.

The barriers for firms to enter into multiple financial services has dropped significantly and digital advisory firms are taking advantage.

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.

The rule can only be effective if the investing public accurately understands its implications, says the firms’ chief platform officer.