Merrill Trims Fees for Some Clients With Less Than $1M
The cuts could bring charges down to roughly 2.2% of assets, saving clients some $5,000 a year.
Dalbar’s 12 Factors to Measure When Picking Active or Passive Funds
Dalbar crunches the numbers, weighs pros and cons of the fund types over time.
BD Must Repay Tribe $3.4M, Pay $750K FINRA Fine
An advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
What Investment Fraud Victims Have in Common
The current economic environment is ideal for swindlers to practice their craft, AARP says.
Two-Thirds of Americans Aren’t Putting Money in a 401(k)
A dark, detailed new look at why many employees may never be able to retire.
Is It Time to Toast or Roast Rising Wine Prices?
Wine analysts share their views on what is driving higher prices.
Top 10 Surprising States With Most Millionaires
Wealth is more concentrated and shifting geographically, according to the annual Phoenix Wealth & Affluent Monitor.
Household Debt Is Rising, but Consumers in Better Shape
Household debt has reached its highest level since the financial crisis but delinquency rates are lower, according to a New York Fed report.
New Robo-Advisor Targets Minority Communities
Finhabits is focused on minority clients because many Latinos and African-Americans don't have retirement funds, says founder Carlos Garcia.
Millennials Want to Make Wise, but Different, Money Decisions
Millennials need the same education older generations had, but how they use it will set them apart.