Research by T. Rowe Price that evaluated homes with only boys or only girls found that parents of sons save more for college tuition than do parents of daughters. So reports Forbes.
Prumentum Group, which owns financial advisory firm Plancorp, has launched BrightPlan, the first hybrid robo advisor to be certified by the Center for Fiduciary Excellence. So reports Markets Insider.
Technology, unlike individual financial advisors, lacks the ability to generate trust among investors, says Robert Merton, winner of the Nobel Memorial Prize in Economic Science and finance professor at MIT. So reports CNBC.
The Beltway crowd is scrambling to plug a $1.5 trillion budget gap that could result from proposed cuts to corporate and personal taxes.