Investments

The bank aims to have a total of 4,000 representatives by year-end in Merrill Edge, which now has 2.4 million accounts and $184.5 billion in assets.

After the digital advice firm reportedly saw its valuation drop $200 million, industry executives ask if independent robo advisors are on borrowed time.

While the S&P 500 has risen or fallen by more than 2% six times this year, it swung by twice that amount nine times in October 2008.

The digital advice firm acknowledges RIAs using its institutional platform "needed more control."

Issuers and investors stand to benefit from the provision, which makes it easier for managers to select securities for their funds, but not without risk.

S&P 500 enjoys its biggest one-day jump since August 2015.

Portfolios will be selected based on machine learning and natural-language processing.

The technology is there, efficiencies are multiplying and the incentives are huge. So, why is the general mood so grim?

The latest influx, which closed late last year, brought in $75 million.

Some investors are demanding action on gun manufacturer and retailer stocks. Can financial advisors deliver?

It’s been a miserable week for higher-risk markets, as a trade war edged closer and the tech sector was roiled by Facebook’s scandal.

Stocks plummet the most in six weeks as investors shift focus from Fed to China.

Puerto Rico's default is generating concern over mainland special revenue bonds and distressed issuers, and undercutting confidence in municipal credit nationwide.

The bank sometimes ignored the advice of its own diligence vendors in packaging and selling loans.

While outpacing the S&P 500, the price tag is higher — the average expense ratio is more than 1%.

A directive on ETFs took the advisor by surprise after several years with the No. 29 IBD, he says.

Speculation grows that any retailer with a robust e-commerce platform, physical ubiquity, brand awareness and trust could become a wealth management player.

The firm seeks to diversify investment risk for clients by combining six internally managed liquid alternative strategies. Plus; other launches.

The wealth management industry loves a good abbreviation. Here's a way to help master the jargon.

The fund took in 100 times its average weekly amount after the latest jobs and wage data showed tepid inflation growth.