Morgan Stanley announced it will continue to give wealth management clients as choice, in contrast to competitors like Bank of America's Merrill Lynch.

Target date funds (TDFs) have proven their value and efficiency. When installed as the qualified default investment alternative (QDIA), they steer plan participants into an age-appropriate, diversified portfolio. In a sense, TDFs turn participants...

Commonwealth Financial Network will stop offering commission-based products in retirement accounts once the Department of Labor fiduciary rule goes into effect on April 10, 2017, the company announced...

Divorce surged in the 1970s and 1980s, and as Baby Boomers start to retire, they're still divorcing, disapportionately affecting women.

(Bloomberg) -- Divorce in the U.S. surged in the 1970s and 1980s as the baby boomers reached adulthood. As they enter retirement, they’re still splitting up, and it’s having a disproportionate effect on women...

Screening for risk. | Copyright Chip Somodevilla, Getty Images The Securities and Exchange Commission examines only 10 percent of investment advisors per year, but that doesn’t mean the other 90 percent are not reviewed. “If a fund holds the s...

(Bloomberg) -- Consumers have lodged countless complaints about how Wells Fargo & Co. employees opened sham accounts in their name. Recently, a Wells Fargo & Co. employee pointed her finger at the company for a different kind of...