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Better than tech stocks. | wolfgangwoehrle/iStock/Thinkstock
Over 93 percent of investors on Openfolio, a platform for investors to share portfolios and performance, lost money last month. The few who had positive returns held more in cash...
Bipartisan legislation aimed at curbing the reach of the Department of Labor’s fiduciary rule for financial advisors is heading to a full vote by the U.S. House of Representatives...
The next generation? | Comstock Images/Stockbyte/Thinkstock
Financial advisors should fear not just the current iteration of robo advisors, but also what they could become, writes Russ Alan Prince for Forbes. He said that while robo adviso...
They're just like the rest of us.
TD Ameritrade said millennials were invested heavily in individual stocks last year, representing 28 percent of new accounts opened at TD in 2015. Millennial investors really aren’t as different as some su...
RCS Capital filed for Chapter 11 bankruptcy on Sunday night in Delaware after reaching agreements with a majority of its creditors.
According to the complaint filed in Delaware bankruptcy court, RCS Capital has less than 50 creditors. The comp...
According to new data released Thursday by Broadridge’s Fund Distribution Intelligence, ETF assets increased $124 billion in 2015, hitting an all-time high of $2.2 trillion. Comparatively, long-term mutual fund assets decreased by $161 billio...
The Department of Labor moved forward with its plans to release a finalized version of its long-anticipated fiduciary proposal, sending a copy of the rule to the Office of Budget Management late Thursday night for review and approval...
The Financial Industry Regulatory Authority will be working on a number of rule changes in 2016, including revamping license testing and creating a waiver program for those taking a leave of absence or performing different job functions...
• Internal Revenue Service issues draft of new IRS Form 8971 to report basis—In the summer of 2015, President Obama signed what’s known as the “Highway Bill” (Surface Transportation and Veterans Health Care Choice...