In its 2017 Guide to Retirement, J.P. Morgan Asset Management says return expectations are down almost a percentage point, meaning investors will have to save a lot more to meet the same retirement goals.
S&P updates market cap guidelines, bumping Raymond James into the S&P 500, American household wealth hits record high and David High becomes BNY Mellon's senior wealth director in Philadelphia.
Investors pulling back from gold, utilities and telecoms in early March. Despite high prospects for higher rates, real-estate sector funds recorded biggest inflow in two months.