Giant low-cost mutual fund manager Vanguard has agreed to buy Altruist, the fast-growing fintech custodian whose AI tax tool Hazel has roiled the financial advisory and wealth management industries.

If professional investors are worried that the rise in global bond yields will derail a bull market in stocks, you’d never guess it by looking at what they’re doing with the money they manage. Bank of ...

Rarely have all the stars aligned to shine on a profession and create an environment as favorable as the universe facing financial advisors today. The demographic and financial market dynamics ...

Raymond James has added two advisors in Dalton, Ga., to its independent channel, a duo who previously managed $200 million in client assets for Commonwealth. R. Lynette “Lynn” Laughter and Isaac Laclé ...

Women who work with a financial advisor feel better prepared for retirement, according to new LIMRA research. The Windsor, Conn.-based financial research organization surveyed Americans between the ...

A minute’s stroll from the New York Stock Exchange, down a cobblestone street once lined by imposing headquarters for the titans of finance, a corner office has taken on new meaning. Starting Monday, ...

In the pantheon of running injuries, there is a well-established hierarchy. A recreational runner, finishing any marathon, or exerting themselves at half that distance, can expect to come down with ...

David Choi's hedge fund seemed too good to pass up, with Mars FX US LP posting annual gains that averaged 19% and zero monthly losses. In the end, it was too good to be true. Choi's fund is now ...

New research suggests there are better ways than William Bengen’s 4% withdrawal strategy to guarantee a sustainable income stream in retirement. The new strategy involves using a mix of a low-cost ...

Bonds of Sammons Financial Group fell to the lowest since they were issued in June after a report probed the life insurer’s connections to Mark Walter’s Guggenheim Partners. The company’s bonds due in ...

Time, money and competition put pressure on RIA owners to be decisive, but taking action can be hard without assurances of success, and it can be reckless to act on gut instinct. To compete, advisors ...

No matter how valid the reasons are for parents to financially assist their adult children, there’s little question that it can cause them to delay or even abandon their retirement plans, advisors say ...