Fidelity

Robinhood Markets has snared most of the attention for attracting an army of day traders during the pandemic. But far bigger profits are flowing to the family behind Fidelity Investments in Boston.

Scoring across nine quantitative and qualitative metrics, here’s how Backend Benchmarking ranks the industry’s digital advice providers.

The firm said high volume may have curtailed access to its mobile app and urged clients to use its other platforms.

Kathy Murphy played a key role in scaling the company’s retail advice channel.

More clients are also looking for financial advice within the custodian’s retail channel, which offers a robo advisor and full-service wealth management arm.

Coronavirus has accelerated trends in advisor compensation as firms move to an ensemble model and enhance their benefits packages.

Far from commoditized, digital advisors' performance varies widely, according to new research.

The same words keep popping up in company titles. Here’s why that may be problematic.

It’s a big decision, and getting it right the first time around can avoid a lot of headaches, experts say.

“Investors are going into lower, more passive mutual funds because they don't want to pay the fees,” an expert says.

“A typical Gen Z-er may not be as interested in owning a mutual fund," says Contrafund's Will Danoff.

Despite some impressive short-term gains, more than half underperformed their peers over the decade.

Clients opened almost 1.2 million retail accounts, boosting flows to mutual funds and ETFs, the firm reports.

The regulator charged a $1.4 billion hybrid firm over disclosure of its cash sweep arrangements with its clearing firm.

We need to let go of the idea that everyone should own and trade stocks. Some people are emotionally unfit to do so.

Independent advisors may enjoy freedom of choice when it comes to all things digital, but giant institutions have a leg up with integration.

The average employer match was 4.3% of pay, according to a 2019 Vanguard report.

More than a quarter of the respondents hold Bitcoin, while 11% hold Ether, according to the asset manager.

The firm experienced record call volumes earlier this year.

“Just because someone’s charging 1% doesn’t mean you should take them off your list,” an expert says.