Digital investment platforms with human advisers bring in account balances 10 times higher on average than regular robo-advisers.
A 68-year-old widower claims wirehouse did insufficient due diligence on the troubled money manager.
DOL should craft an exemption for when a fiduciary retirement plan adviser is called on to assist with a rollover decision
Results of the latest Bank of America Merrill Lynch fund managers survey.
Three contenders had to work way onto ballot, want reform in exams and arbitration
<i>Breakfast with Benjamin</i>: The nation's biggest banks, like JPMorgan Chase, are lumping their broker-dealer units in with other 'non-essential' operations.
Crux of the platform is to enable advisers to bolster client relationships while on the go.
A virtual person puts the wow factor into a vendor booth; advisers can use the idea in their practices
Women often need to get up to speed on finances in a fire-drill fashion and make some very critical decisions following widowhood or divorce.
Thomas M. Rampulla's return to the U.S. comes after the firm recast itself as a patron of an industry that once saw it as a threat.
It may be easy, and perhaps unintentional, but advisers' assumptions about a client's risk tolerance can lead to undesirable, maybe even lasting, results.
Ex-spouse can claim independently and is not subject to family maximum limit.
Managing emails, scheduling appointments, taking calls and even booking dinner reservations with clients not as time consuming as they once were. <i>(Plus: See a <a href="http://www.investmentnews.com/gallery/20150209/FREE/209009999/PH" target="_blank">snapshot of the top seven apps</a>.)</i>
U.S. District Judge Richard Berman ruled Monday that a legal challenge to the SEC's handling of enforcement cases through administrative proceedings will be allowed to proceed
Are you a prudent saver, or has over-saving become a pathology?
<i>Breakfast with Benjamin:</i> An economist says Janet Yellen and the Fed are too chicken to raise rates, but at the same time the FOMC is trying to reassure markets that rate hikes will be slow and deliberate.
U.S. district judge says regulator many not have authority to divert cases from regular courts.
The court underscored the critical importance that persons entrusted with the assets of others cannot simply make the initial investment decision and walk away.
Finra chief Richard Ketchum says the regulator has put its CARDS proposal on hold but hasn't given up on the plan despite heavy pushback from critics.
Both older nonworking wife and younger employed husband can lose benefits.
