[ad_1] Start Slideshow Morningstar’s 2023 edition of the best companies to own lists 17 firms in the financial services sector that stand out from their competitors and can be good choices for long-term investors. What makes for a best company to invest in? Margaret Giles, a Morningstar data journalist, writes in a recent blog post… Continue reading 17 Best Financial Services Firms to Invest In: Morningstar

[ad_1] Wells Fargo reported another slide in its wealth earnings Friday, with higher costs and lower net interest income from the wealth unit weighing on its balance sheet.  The megabank’s Wealth and Investment Management division saw profits fall 17% over the past year. However, total client assets were still up over the past year in… Continue reading Wells Fargo wealth profits fall 17% in Q3 earnings

[ad_1] A new Goldman Sachs survey shows investors are big fans of separately managed accounts. But what do advisors think of them? Are they worth the trouble for all their clients, or just a lucky few? “I have used SMAs and found them to be very beneficial due to several factors, such as the ability… Continue reading Improvements in SMA tech have more advisors getting on board