When it comes to getting real-time or near-real-time stock or other equity data there are two ends of the spectrum.At one end are free services, the best known and most-used of which is Yahoo! Finance and then at the other is having a Bloomberg Terminal or a terminal from one of its many competitors such as Reuters or Factset among many others.There are not that many such services somewhere in the middle.Enter YCharts.YChart's buzz phrase is “The Financial Terminal of the Web”.“We provide 90%...

In an environment where a diversified portfolio is only expected to return on the order of 6% annually, any fees will have a significant impact on your outcome. In the same way that investing for the long-term takes advantage of the power of compounding, the regular or recurring fees you pay reduces the overall potential of your portfolio. To illustrate the point, here’s an example from the SEC on its own fee fact sheet: If you invested $10,000 in a fund that produced a 10% annual return...

A pure robo, a quasi-robo, an RIA-herder and an insurance man walked onto a panel, riffing on Jon Oliver's scathing fiduciary take Brooke's Note: When Davis Janowski was last heard from, he had departed InvestmentNews for Wealthfront and we wrote an article that referred to him as a "minor celebrity." See: Davis Janowski gets scooped up by Wealthfront. Now it's been three years that included a year at FeeX and I was able to convince him to attend the InVest 2016 conference on behalf of...

More in The amount of vitriol expressed by brokers, financial advisors and even planners toward Wealthfront’s recent risk-parity fund offering is nothing new — a number of its announcements have attracted harsh industry scrutiny. And Wealthfront is hardly alone; critics have hammered competitor Betterment and many other wealth management startups for how they've handled market downturns, for instance. But such criticism manages to gloss over the fact that while these firms are not going to...

More in Financial planning development is speeding up, but the pace is not being set by the advisor industry. “I believe we are right at the beginning of a supercycle,” says Cinch Financial CEO and founder Sean Collins. The Boston-area based startup is at the bleeding edge of how I have come to think young consumers will expect to embrace financial planning — that is, without them even knowing what they are engaged in is financial planning. Cinch tends to refer to what it is building as...