T. Rowe Price is putting a lawsuit over its 401(k) behind it for a price tag of $7 million, and as part of the settlement, it’s opening the plan to outside investments. Court documents filed late last week show the ...

Dimensional Fund Advisors appears determined to build on its recent new-asset momentum: The pioneering quant firm just announced fee cuts across a swath of mutual funds and ETFs. The $653 billion asset manager is lowering fees across 47 mutual funds and three ...

State Street Global Advisors is cutting fees on three corporate bond exchange-traded funds as it seeks to boost its share of the booming fixed-income ETF business. The Boston-based issuer lowered the expense ratios to 0.04% from 0.07% for its short ...

Investment advisers are charging clients more than they owe as a result of inaccurate fee calculations, the Securities and Exchange Commission said Wednesday. The agency released a risk alert that outlined problems in how firms bill clients and disclose their ...

Grocery chain Kroger on Friday became the latest company targeted over fees in its 401(k) plan, with plaintiffs citing excessive fees of as much as $1.33 per person a month. Law firms Walcheske & Luzi and Strauss Troy filed a ...

Fees took center stage last month as executives from Fidelity Investments and Charles Schwab Corp. squared off over the merits of so-called free custodial platforms that pass on fees to advisory clients. While many advisers enjoy the free service, the ...

While even a casual glimpse into the history of wealth management shows big strides toward democratization and technological evolution, looking at the future of the industry through the eyes of a diverse collection of experts offers the kind of promise ...

Northern Trust has been added as a defendant in a 2019 lawsuit brought against AutoZone by participants in the parts company’s 401(k) plan, recent court documents show. Several plaintiffs in the class-action case filed in U.S. District Court for the ...