Ally Invest marketed its robo-advisor accounts as a no-fee offering, but relied on a 30% cash allocation on client portfolios ...

The company allocated 30% of client assets in its once-default robo-advisor accounts to cash, according to the SEC.

Explore the features, fees and suitability of Ally Invest Managed Portfolios ...

A Charlotte subsidiary of digital bank Ally Financial, has been ordered to pay $500,000 to a federal agency over its ...

Ally Financial's subsidiary will pay $500,000 to settle allegations it failed to disclose a conflict of interest to its customers about its the robo-advisor accounts.

Ally Invest, a robo-advisory and online brokerage firm based in Charlotte, North Carolina, has agreed to pay an $850,000 fine and accept a censure from FINRA after the regulator found the firm failed ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...