Principal Financial Group is paying $1.2 billion for the bank's retirement business, which serves 7.5 million U.S. customers.

A lack of young advisors? Student loan repayment benefits could be the employee perk hungry firms need.

A year ago, about 40 independent advisory firms and broker/dealers were using the platform. Now, more than 100 have signed on.

MarketSnacks, which had agreements with companies like Betterment and Fidelity, will be rebranded as Robinhood Snacks as part of the deal.

Given the instability in the market, can clients rely on these income funds to provide the support they expect?

And as the competition for investor money intensifies, the question is how much lower can asset managers afford to go, and should they?

The total value of the deal, in a cash and stock transaction, is worth approximately $500 million.

JPMorgan Chase plans to charge just 20 cents for every $1,000 invested in a new stock fund, undercutting all 2,000 existing U.S. ETFs.

Wealth management mobile apps are dismissed as "dated" and received low marks, particularly by high net worth customers.