Industry analysts have been ringing the death knell on digital advice for some time, but there are pathways to profitability.
Money will go toward helping the $9 billion AUM firm develop new products for its digital-advice clients.
A system for backing up bank accounts is expanding to include other nest eggs.
John Hancock, Transamerica, State Street and Russell Investments have deals with the software provider.
The first African-American to hold the post says he's leading the organization during a period of great change.
Site recommends questions that investors should ask before hiring an adviser.
Ask yourself how you can work less while earning enough, and how prepared younger advisers are to take over.
This month's edition kicks off with the big news that the Center for Research in Security Prices (CRSP) is working with Vanguard to put its Total Stock Market Index (along with several others) on a publicly available blockchain.
Clients who get comfortable with uncertainty and various outcomes will be better positioned for success.
Cost transparency is key, along with full-service planning.
Junxure users will continue to be supported, and gain access to AdvisorEngine tools.
Advisers considering independence have new, high-tech options
Despite having fewer brokers than Morgan Stanley and UBS, Citi's exit suggests industry recruiting will change.
Less risky, balanced portfolios will underperform market indexes, even though they are in clients' best interests.
Finra says the bank's ratings system was riddled with errors and cost clients money.
The proposal is a worthy effort that needs tweaking, so weigh in during the Jan. 2 to Feb. 2 comment period.
Leon LaBrecque, managing partner at LJPR Financial Advisors, offers guidance on Washington's major overhaul.
Failure to supervise rep's efforts to woo elderly costs firm $125,000 in Massachusetts.
New platforms provide a curated menu of products like private equity, private credit, venture capital, real estate and hedge funds.
Consider all attributes of a bond and choose a trading platform that is aligned with your clients' best interests.
