Eliminating commissions is fundamental in getting more people to engage in investing.
The Boston Pension Board said Wednesday it is yanking $248 million that is managed by Fisher Investments.
FIA sales took off shortly after the demise of the DOL fiduciary rule.
Meanwhile, the wealth management group sees a decline in assets due to net outflows.
After Schwab and other brokerages cut some commissions to zero, LPL tells brokers it is 'exploring its options.'
Expense for litigation tied to scandals in Well's retail bank, cuts earnings by 35 cents a share.
Arbitrators determine that John Charles Wyshak must pay cost of indemnifying clients.
Fisher Investments manages about $500 million for Fidelity's Strategic Advisers unit
Brokers join firm in Macon, Ga., Greensboro, N.C., and Brevard, N.C.
PIABA report charges systematic abuse of the procedure for clearing brokers' disciplinary records.
The scheme caused more than 7,000 retirees and other investors to lose money
The Bond King calls into question the outlook for negative rates.
Commission adds Cetera Advisor Networks to an earlier lawsuit alleging overcharging of funds.
Joining up with an RIA consolidator allows you to spend your energy on the tasks you enjoy.
Retirees can save money by reviewing new Medicare advantage and drug plan options for next year.
Expense for litigation tied to scandals in Well's retail bank, cuts earnings by 35 cents a share.
After Schwab and other brokerages cut some commissions to zero, LPL tells brokers it is 'exploring its options.'
Brokers join firm in Macon, Ga., Greensboro, N.C., and Brevard, N.C.
Four-advisor group in Bethesda, Md., joins firm's employee unit.
Fisher Investments manages about $500 million for Fidelity's Strategic Advisers unit