Claimed funds were invested conservatively but he was pursuing risky day-trading strategy.
Analysts say price discrepancies are a reminder for advisers to use best practices when trading funds.
Mutual fund investors get closer to capturing 100% of the returns of the funds they invest in, according to Morningstar.
A new study suggests that the quickest way out of debt may be getting 'small victories.'
Latest product comes as qualified longevity annuity contracts look for a place in retirement accounts.
FOLIOfn Investments said it plans to offer the exchange-traded managed funds when they start trading.
A proposal designed to put actively managed products on par with index funds in the ETF universe by allowing their holdings to be non-transparent is going back in front of securities regulators.
An acquisition of Barclays' U.S. wealth unit would add $47 billion in assets and 249 advisers who focus on ultrahigh-net-worth clients, filling a gap in Stifel Financial CEO Ron Kruszewski's advisory business.
Permanent allocations to the precious metal come under fire again as market slides, but advisers who believe in the asset are ready to double down.
While alts have risen in popularity as a way to hedge Fed action, their usefulness is overstated, says strategist
