Investing 101: Wrap Fees Explained

If you’ve looked into hiring an investment adviser or advisory firm to help manage your investments, you may have seen some offer various advisory services bundled together under one comprehensive fee. These types of service fees are called wrap fees and are offered as sponsored packages by many advisory firms. With wrap fee programs, your … Continue reading Investing 101: Wrap Fees Explained »

Wells Fargo Offers New Robo-Advising Platform

Banking giant, Wells Fargo, recently rolled out a new robo-advising platform aimed at enticing first-time investors to invest through Wells Fargo-packaged investment offerings. The unveiling of the automated advisory platform marks the latest in a concerted effort by large-scale financial institutions to capitalize on tech-savvy consumers and meet the changing demands of a digital marketplace. … Continue reading Wells Fargo Offers New Robo-Advising Platform »

Smart Investing Tips: Cryptocurrency Investing

You’ve probably heard of the popular cryptocurrency investing platform Bitcoin, but what about Ethereum? Or Litecoin? Or Dash? What about platforms like Ripple or Zcash?     A New Frontier Cryptocurrency investing has risen from an underground, financial trading outpost for techies to a full-blown investing phenomenon. Cryptocurrency has emerged as an innovative and major … Continue reading Smart Investing Tips: Cryptocurrency Investing »

In Wells Fargo Accounts Fraud Case, the Hits Keep Coming

We all remember that nastiness about Wells Fargo, right? You know, that little PR debacle where it turned out that, due to unrealistic sales initiatives, Wells Fargo employees initiated accounts fraud against millions of consumers. After the story broke, Wells Fargo lost a major vote of consumer confidence. The following weeks saw many customers closing … Continue reading In Wells Fargo Accounts Fraud Case, the Hits Keep Coming »

Investors and Traders Await Interest Rate Hikes

Rate hikes on the way The Federal Reserve recently announced that interest rate hikes likely, causing trading and investing to slow. Fed Chairwoman, Janet Yellen will most likely announce increases later this week, with several more expected throughout 2017. Rates will likely increase 0.75-1.00 percent, initially, according to a Reuters report. The Fed’s announcement considerably … Continue reading Investors and Traders Await Interest Rate Hikes »

What Investors Should Know About Customer Advisory Centers

Customer Advisory Centers vs. Call Centers Although they sound similar, customer advisory centers differ from call centers in several important ways. Securities firms and investment broker-dealers typically rely on call centers to handle basic customer service issues and administrative functions. They do not provide investment or trading advice, nor do they earn commissions on trades … Continue reading What Investors Should Know About Customer Advisory Centers »