The dollar also gained as traders digested mixed data in the world's largest economy amid bets interest rates will stay low.
Five candid reponses on how he will lead the firm, the virtues of robo-advice, and rooting for both the Cubs and White Sox.
Some advisers say a cleansing is long overdue.
The usual volatility could be enhanced by the Fed, geopolitics and the presidential election.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Tempting yields might be just replacing one kind of risk with another.
Federal Reserve officials need to consider the costs of keeping interest rates low, even as the U.S. economy is pressured by diminished worker productivity, according to Allianz's chief economic adviser.
Emerging markets have been on a comeback of sorts this year, but advisers urge caution and remind clients to think long term.
Plus: The Fed's new spin, Wall Street women dish out career advice, and how to spend away a summer
Pinning the value rally on the Fed, hoping for the best.
It's essential to be familiar with the many varieties of Medicare enrollment periods so your clients can make the best choices.
The largest LTC insurer is offering a medically underwritten single premium immediate annuity as an alternative for older Americans.
Advisers should take these factors into account when incorporating long-term-care insurance into a client's financial plan.
Outflows at Franklin and Waddell & Reed mask overall healthy inflows.
August and September can be rough months for investors.
ETFs and active small-cap funds still lead the market despite Federal Reserve chatter.
Sales are estimated to fall to $40 billion next year, a level not seen since 2013. The drop would put an end to the products' nearly decade-long surge in growth.
Age-based plans for this year's freshmen don't always get high marks. New York, Pennsylvania and Iowa funds get an A, but other states have more homework to do.
Plus: You probably shouldn't curse in front on your clients, there's a limit to delaying retirement, and do we really need all these dollar bills?
