Investments

Paul T. Lebel excessively traded shares that carried large front-end loads and "willfully disregarded the customers' interest," the agency said.

Technology is getting better at replicating the work of human planners, warns Hedgeable CEO Mike Kane.

Investor interest in low-volatility strategies reached a fever pitch earlier this year, with $8 billion pouring into the most popular funds.

McNabb said investors pay an average of 12 cents per $100 for Vanguard’s mutual funds and ETFs and that in five years that number could fall below 10 cents.

IRAs are not subject to as many rules, allowing investors to make withdrawals that conform to their portfolio strategy.

The firm's digital advice service, to be piloted in early 2017, is a bid to give RIAs unprecedented scale.

Clients may be less anxious if they know their portfolios include funds built for stability.

They seem to be everywhere, but there is every reason to believe that clients overwhelmingly still want to deal with human beings.

Massachusetts Mutual Life Insurance, Pacific Life Insurance and TIAA are among companies that have been pursuing deals to diversify operations and gain market share from publicly traded rivals.

Assets under management increased 13.6% as the firm brought in money to both its active and passive funds.

Six changes planners should make to their business models as investors seek lower fees and digital advice grows.

Here's a strategy that may provide clients with significant cash over time.

The money, barely enough for dinner at the Thai restaurant downstairs from his office, was Fujino's payout from a 2009 fire sale of the asset management firm he built from scratch.

Upcoming data will give investors more indications about the potential rate path, including figures on retail sales, consumer sentiment and producer prices.

Many ETFs will avoid some aspects of sweeping new U.S. regulations meant to ensure that asset managers can easily meet investors’ redemption demands.

The challenges that asset managers face: rising regulatory costs and growing pressure on fees from cheaper competitors.

Advisers and clients stockpile cash while waiting for better buying opportunities.

Retirement investors who need to decide whether to sell depreciated stocks or ride out a declining market should make a decision based on their investing goals, says strategist.

The Fed's latest meeting showed officials favored a gradual approach to raising interest rates, though several anticipated a hike "relatively soon."

The wealth management firm says its digital advice offering is designed for "the sophisticated high-net-worth investor."