Few self-directed investors have moved into cash, and nearly all advisor-led investors plan to keep their advisor, Janus says it found.

A Morningstar analysis of portfolio construction across 14 investment markets found that in countries with ample access to advisors, and where long-term savings vehicles such as defined-contribution plans and college savings accounts are prevalent, investors tend to have higher risk tolerance and greater stock exposure.

Market volatility has some investors obsessively checking their investments on their smartphones.

Fran Kinniry, head of the Vanguard Investment Advisory Research Center, believes that “people and psychology” will overtake quantitative portfolio management in importance for financial advisors.

A recent survey by Mercer found that workers between the ages of 55 and 64 have the least confidence of any age group that their retirement savings will be sufficient in the wake of recent market volatility.

Women and people of color hold a great percentage of this country’s wealth but are a missed opportunity for firms that don’t embrace diversity in hiring advisors.

It’s not easy being green, especially when allocating portfolios. But direct indexing may be changing the investment climate.

EQ will beat out IQ every day of the week when working with clients, said Fidelity Institutional president Michael Durbin.

Advisors whose clients are adamant about investing in the latest hot asset warn them about the likelihood of loss, according to CNBC.

Millennials were the most likely to say their financial goals have been delayed, while Gen Xers were most likely to have pushed back their retirement plans.