With the rise of the robo-advisor – and FinTech more generally – all aiming to drive down the cost of investing for consumers, more and more have questioned whether the ‘traditional’ 1% AUM fee will ...

AUM reflects total market value of managed financial assets, key for firm's growth and profit. AUM changes due to market value shifts, investor cash flows, and corporate transactions. High AUM can ...

For years, there’s been an ongoing tug of war in the financial services industry about standards of care, compensation and business structure. Based on what was once almost the expanded Department of ...

In personal finance, numbers have a way of shaping behaviour long before logic steps in. Bigger numbers feel safer. Large-cap companies are safer than small-cap and mid-cap companies. This is also ...

It's no secret that building wealth is hard work. But did you know that managing wealth can, at times, cost you more than many people expect? For high-income households with complex wealth, fees tied ...

Ionic Wealth, an AI-driven wealth-tech platform, has achieved $1 billion in assets under management within 22 months. This ...

UBS and Wealthfront last week called off a planned deal to sell the robo-adviser startup to the financial giant for $1.4 billion. Instead, UBS invested $69.7 million in the company at a valuation that ...