Joseph Sullivan has served as Legg Mason's interim boss for five months. Now that he's been given the job permanently, the company's new CEO faces a tough slog.
Strategy unclear as firm deals with Peltz, who seeks breakup.
Although the high-yield market might not have changed fundamentally, junk-bond yields have taken a noticeable dive from their peak late last month.
Hedged-equity funds offer downside protection — and some upside
Study finds most clients have assets with more than one adviser but few advisers think so.
Washington looks to wriggle out of promise made just two years ago; can lawmakers keep their hands off?
Taking a step toward portfolio diversification
Wednesday's report from the Commerce Department shows that the economy contracted by 0.1%; experts more focused on markets' momentum gain
Politics trumps logic, basic math in Capitol Hill cat fight
Pent-up demand driving stocks higher as threat of higher tax rates gone.
