Some ETFs and mutual funds now have yields above 5%, but higher returns mean higher risk.
The financial advice industry continues to thrive, but advice firms may need to recalibrate how the do business, according to a recent white paper.
Implementing automated workflows can help advisors keep up with client demands while increasing personal contact.
Robo-advisors will fail as they lack sustainable business models, branding opportunities and the ability to compete in a bear market.
Morgan Stanley's new robo-advisor is set to compete with other firms in an attempt to retain younger clients, but it may not help their bottom line.