Investments

As we hit the 20-year mark in the ETF business, one might ask: What will that future bring? History is our best guide in that the next 20 years will look similar to the last 20. And that’s a good thing.

Morgan Stanley Smith Barney and Morgan Stanley & Co. have been fined $1 million by the Financial Industry Regulatory Authority (FINRA) it was announced today.

Bloomberg -- U.S. Securities and Exchange Commission Chairman Mary Jo White said she would push to adopt proposed automated-trading rules after system caused a three- hour halt on the Nasdaq Stock Market.

A software malfunction shut down trading on the NASDAQ for three hours this afternoon, but it was not enough to shake investors.

Bloomberg -- U.S.-registered bond mutual and exchange-traded funds lost $30.3 billion to investor redemptions this month, putting them on track for their slowest year since 2004.

Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. LLC have been fined $1 million by the Financial Industry Regulatory Authority (FINRA) it was announced today.

A three hour pause in trading is “not going to be that big of a deal” for investors, Stifel’s chairman and CEO Ron Kruszewski says.

Independent wealth management firm Banyan Partners is nearly doubling its assets under management to $4 billion by acquiring two firms simultaneously.

Bloomberg -- It’s a mistake for investors to be focusing on fixed income, according to Joseph L. Hooley, chief executive officer of Boston-based State Street Corp.

It’s a mistake for investors to be focusing on fixed income, according to Joseph L. Hooley, chief executive officer of Boston-based State Street Corp.

Federal Reserve policy makers were briefed last month on the potential for establishing an additional tool to aid them when they eventually seek to lift interest rates and tighten monetary policy.

Mellon Capital Management, a multi-asset manager for BNY Mellon, has become a signatory to the United Nations-Backed Principles for Responsible Investment (UN PRI), emphasizing its dedication to incorporating environmental, social and governance (ESG) issues into its investment program.

Raymond James is ramping up its pitch to attract independent advisors by opening up access to alternative investments.

The fact that clients don’t always divulge all their personal financial information to their financial advisors comes as no surprise. The questions that need to be answered, however, are: how many clients, what is being withheld and why are they so secretive?

Small business owners are feeling more confident even as the economy struggles to return to a more robust level of growth.

RIAs have a new top cop in Washington.

Treasury 10-year note yields approached the highest level in two years before the Federal Reserve releases minutes of its July meeting that may contain signals on when policy makers plan to curtail monetary stimulus.

Approval has been given by the Board of Directors of Fairholme Funds to reopen The Fairholme Fund (FAIRX) to new investors.

"This may sound sacrilegious for a planner, but I’ll admit it: I’m not a big fan of investment management," says solo advisor Dave Grant. Here's why Grant decided to use a TAMP instead.

Bloomberg -- Con artists are taking advantage of the legalization of medical marijuana to lure investors into buying stock in weed-related companies, regulators said.