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“It’s going to cut down on investment and cause unemployment,” Chuck Grassley of Iowa, a top Republican on the Senate Finance Committee and former chair of that panel, said of the Biden capital-gains plan. He lauded the...

What You Need to Know John Hollyer leaves Vanguard after 32 years at the firm. He will be succeeded by Sara Devereux, the current head of rates, who joined Vanguard from Goldman in 2019. Vanguard’s global fixed...

What You Need to Know Digitalization of financial services has moved faster to democratize market access than the financial planning business. Despite technology, advisors still utilize the same marketing and service...