Berkshire's second-quarter profit climbs 45 percent.
After five years of net acquisitions, Legg Mason hired Thomas Hoops from Wells Fargo & Co. to head business development as the firm seeks to expand its products and make acquisitions.
This year's biggest business blunders, plus other must-reads from wealth manager and CNBC commentator Josh Brown
Former SAC Capital Advisors LP portfolio manager Mathew Martoma asked a judge to force the government to turn over evidence that he says can help him beat insider trading charges as his case goes to trial next month.
"Get out while the getting is still good," says Asset Dedication's Brent Burns.
Mary Mack, Wells Fargo & Co.'s new brokerage chief, plans to put more retail clients into managed accounts as the largest U.S. firms nudge advisers away from picking individual stocks.
Sen. Ed Markey, who wrote the legislation that led to the creation of BrokerCheck, is calling for stricter regulator enforcement for <a href="http://www.investmentnews.com/article/20131024/FREE/131029933">brokers who violate securities rules</a> and continue to practice.
Brokers who are the subject of investor arbitration cases can clear their record of any wrongdoing too easily, lawyers say. Research finds that records were erased in 97% of cases settled from May '09 through Dec. '11.
Market performance, money flows push Wells Fargo Advisors' assets to record.
Scorsese film celebrates frat-party side of investment-advice world.
Individuals are taking a cue from corporations in moving assets to other states, but will regulators clamp down?
Plus: Asian markets are charging, hitting a year-end financial high note, how to use bond ETFs, Amex gets stung, and apps for getting fit. Check out Breakfast with Benjamin.
Mary Beth Franklin passed the Certified Financial Planner Board of Standards Inc.'s certification exam. But unfortunately, you can't call her a certified financial planner — and probably never will.
Money manager said to seek $3 billion for new credit hedge fund.
San Diego adviser allegedly steered winning trades to favored clients and lied about how money was spent.
Industry bigs expect the SEC to release concept for single standard of care this summer; no such timeline for self-regulator
"Get out while the getting is still good," warns one investment expert
Better-than-expected durable goods orders boost case for more tapering.
Now is a good time to ask two important questions. First, do your clients really appreciate you? Second, do your clients know how much you really appreciate them?
To avoid policy missteps like those of the 1970s, the Fed will need to accurately interpret the factors influencing today's labor participation rate, according to this sponsored blog post from Putnam Investments.
