Wealth Management industry news covering the financial markets, trends and wealth professionals.
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Portfolio management was advisors’ top concern in the first quarter of this year, according to a recent Fidelity survey, an indication that advisors are getting more discretionary with their client accounts. Nearly a third of advisors cited...
No strings attached. | michaeljung/iStock/Thinkstock
FutureAdvisor became the first robo-advisor to offer an automated college savings plan Tuesday when it launched its new “Diplomas Without Debt” service. The service helps families find t...
UBS Wealth Management Americas’ second-in-command Bob Mulholland is retiring after 36 years on Wall Street, according to an internal memo sent to advisors on Tuesday. Brian Hull, who oversees strategic clients and partnerships at the firm...
Carl Icahn's not impressed. | Copyright Michael Nagle, Getty Images
A lot of people probably wish they could replicate the moves of famous activist investors like Carl Icahn, Bill Ackman and Daniel Loeb, fund managers who have achieved hig...