Maybe American Funds Growth Fund of America should be renamed American Funds Index Fund of America. The $115 billion fund, the largest equity mutual fund in the world, is tracking its benchmark more closely than ever before — and it is not alone.
Now that the Supreme Court has upheld the constitutionality of the health care reform law, advisers need to study it thoroughly.
Some see move to independent, fee-based model, open-architecture as opportunity.
State lawmakers are chipping away at securities firms' ability to monitor employee activity on social-media sites, which could cause compliance headaches for both firms and regulators.
Bond fund manager said to have paintings, watches, Porsche and other valuables stolen
The securities industry in California is up in arms over a bill that would ban employers from requiring employees to hand over their social media passwords.
Former wide receiver part of team tapped for wealth and investment management division
Merrill Lynch's proposed settlement with ex-brokers was aimed at limiting litigation. But some lawyers say it may trigger more lawsuits. Here's why.
