Mercer is acquiring HYA Advisors, an RIA based in Springfield, Missouri, as private equity money continues to drive RIA consolidation.
Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
American Funds and Inspire Investing announce fee cuts Monday, in the wake of Vanguard's announcement Friday.
Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.
As interest in ESG investing grows, advisers are reaching an inflection point.
The best time to consider long-term services and support is before a parent experiences a health care event like a fall, heart attack, car accident or cognitive decline.
Many growth-oriented stock funds offered in 401(k) plans are down more than 10% so far this year.
As fixed income suffers the brunt of the Fed's efforts to catch up on inflation, financial advisers suddenly have an alternative for short-term cash allocations.
The product is the first to include the top carbon-offset futures markets into one fund, the firm says.
71% of employers feel the deteriorating mental health of their workforce is having a negative financial impact on the company.
The measure sponsored by a bipartisan group of representatives would bring exchanges that offer digital assets like Bitcoin directly under the purview of the Commodity Futures Trading Commission.
Sales were the second-highest ever but still far behind those from a year ago, according to ETFGI.
Just 66% say target-date funds do extremely well or very well when it comes to helping plan participants deal with their income needs during retirement.
Fears of quickening inflation, a cut in Russian gas supply to Poland and Bulgaria and a red-hot Australian inflation print fueling expectations that the rout may continue.
The asset manager says the new consumer, an industrial renaissance and medical innovation are areas where changes have exposed 'underestimated investment opportunities.'
Finra said last summer that it was launching an examination sweep probing the opening of options accounts.
It's never too late so long as they commit themselves to remaking their firms with technology, and funding the investments needed to pull it off.
Offering crypto investments through workplace plans will make digital assets more accessible, but the option needs to be right for the investor.
A UBS analysis shows April is set to see the largest crypto-ETF outflows on record, with investors having pulled more than $417 million so far this month.
The product will allow 401(k) participants to invest a portion of their savings in Bitcoin; employers that offer the option will decide what percentage of an employee's account can be directed into crypto.
