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Schwab wants investing to be subscription-based
ADVISOR NEWS FINTECH MAR 28, 2019
Schwab wants investing to be subscription-based

Firm is switching to a subscription-based financial planning option for its robo-adviser service.

The future of advice is hiding in plain sight
ADVISOR NEWS FINTECH MAR 28, 2019
The future of advice is hiding in plain sight

What are the industry's biggest dysfunction and its biggest opportunity? What business model is most likely to succeed, and what operational trend is most important?

Supreme Court backs SEC, rules against investment banker
ADVISOR NEWS REGULATION AND LEGISLATION MAR 27, 2019
Supreme Court backs SEC, rules against investment banker

Banker held liable for taking part in scheme to defraud investors.

Half of Americans approaching retirement have nothing saved
ADVISOR NEWS RETIREMENT PLANNING MAR 27, 2019
Half of Americans approaching retirement have nothing saved

GAO report reveals 48% have nothing put away in 401(k)s or individual retirement accounts.

Vanguard poised to top BlackRock in first-quarter U.S. ETF flows
INVESTING ETFS MAR 27, 2019
Vanguard poised to top BlackRock in first-quarter U.S. ETF flows

Vanguard's exchange-traded funds have taken in $17 billion so far this year, while BlackRock has gathered $14 billion.

3 lessons advisers can learn from the Midwest flooding
RIAS PRACTICE MANAGEMENT MAR 27, 2019
3 lessons advisers can learn from the Midwest flooding

Disasters show us the importance of preparing for the unexpected and knowing what to do when life throws you a curve ball.

Bots are forging the next generation of index funds
ADVISOR NEWS FINTECH MAR 26, 2019
Bots are forging the next generation of index funds

At least 20 funds now claim to use artificial intelligence as a building block.

SEC lifts hiring freeze, lowers pay raises
ADVISOR NEWS REGULATION AND LEGISLATION MAR 22, 2019
SEC lifts hiring freeze, lowers pay raises

Current employees will be getting pay increases averaging 2.4%, which smaller boost than previous years

BlackRock invests in pot stock
INVESTING MUTUAL FUNDS MAR 22, 2019
BlackRock invests in pot stock

Five of its funds are the largest institutional investor in Curaleaf, which recently struck a deal with CVS.

Warren, Brown ask regulators to oust Wells Fargo CEO Sloan
RIAS PRACTICE MANAGEMENT MAR 22, 2019
Warren, Brown ask regulators to oust Wells Fargo CEO Sloan

The two senators call on the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau to remove Sloan from the bank's top job