Betterment is acquiring the automated investing accounts and assets managed by Ellevest, a robo-advisor founded by Sallie Krawcheck to serve women.
Veteran investment chief Keith Lerner says "The risk-reward balance has changed," referring to the stock market.
There’s growing “suspicion” among investors about the scope for more S&P 500 gains at a time when European and Chinese stocks are outperforming.
Federal prosecutors have expanded their case against former financial advisor Adam Kaplan, adding new criminal charges to the existing allegations.