Merrill Edge Redesigns Mobile App: Portfolio Products
In other news, Prudential Investments changes its name to PGIM Investments.
First Ascent Finds Success in Move to Flat Fees
First Ascent CEO Scott MacKillop admits flat fee pricing may not be for everyone.
Rise of Non-Equity Funds Is Hedge Fund ‘Story of 2016’: Seward & Kissel
Thirty-five percent of hedge funds rolled out last year employed non-equity-based investment strategies, according to a new study by Seward & Kissel.
Consumers Can Now Trade Gold on a Distributed Ledger
Symbiont, a distributed ledger provider, has partnered with Orebits Corp. to offer digitized shares of unrefined gold.
Top 10 Cities for Millennial Homebuyers
Buyers 35 and younger are more active this spring than in recent years, LendingTree reports.
T. Rowe Price Launches Robo Platform With Only Actively Managed Funds
T. Rowe Price ActivePlus Portfolios chooses the funds for investors and is available initially only for IRA accounts.
Trump Budget ‘Not a Budget,’ Think Tank Says
Trump's first "skinny" budget is even skinnier than many past presidents'.
Fed Raises Rates; So What Should Clients Do?
The Fed's latest move has implications for investments and management of short-term variable debt.
Fed Appoints First Black Regional-Bank Chief
Ex-Obama administration official Raphael Bostic will lead the Atlanta Fed and will be a voting member of FOMC next year.
Will Schwab’s New Hybrid Platform Steal Clients From Schwab RIAs?
Schwab's new robo-human Intelligent Advisory platform could lure clients away, argues one recruiter, while another disagrees.