RCAP CEO Michael Weil
RCS Capital, which has a network of over 9,500 independent advisors, may need to split its retail advice business from its wholesale broker/dealer business, Citigroup analyst Bill Katz suggested last week. While the firm’...
Making the right calculations. | amanaimagesRF/iStock/Thinkstock
There is a plethora of basic retirement calculators on the Internet, but Betterment CEO Jon Stein says few of them take into consideration the factors that are truly important to...
Not for long. | Copyright Alex Wong, Getty Images
Social Security is in even worse financial shape than we thought, according to some Harvard researchers which looked at all forecasts the administration has made for the program over its 80-yea...
Like mother, like daughter. | Copyright Adam Berry, Getty Images
This weekend millions of Americans will pause to thank their mothers for all they do for them. And for about a third of Millennials, that includes thanking Mom for being the bigg...
Smells like teen spirit. | Copyright Frank Micelotta, Getty Images
Many people are unhappy about their retirement prospects these days, but perhaps none moreso than members of Generation X. More than two-thirds (67 percent) of Gen Xers believe...
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 the b...
Rematch? | Copyright Harry How, Getty Images
ETFs sold through retail channels in the first quarter outpaced mutual funds for the first time in four years. ETF assets being sold through independent b/ds, wirehouses, RIAs and discount brokerage...
