Practice

Why one asset manager says the high alpha of an equity long/short hedge fund may outweigh the cost benefits of similarly structured mutual funds.

The regulator proposes new rules to protect aging clients.

Effectively applying cost, affordability and value can make an advisory practice hum. Here’s how to unlock the magic combination.

Prosecutors served a warrant seeking names of employees who opened unauthorized accounts, as well as the bank’s fee structure and a calculation of losses suffered by affected customers.

Two planners spell out the common psychological biases that prevent clients from maximizing their benefits.

One idea is to ensure clients are investing the right types of assets in the right accounts to take full advantage of appreciation and tax-exempt status when possible.

The wirehouse agrees to pay a $2.8 million fine after the regulator discovers the bad reporting went on for years.

It's a planner's worst nightmare. Here's what to do when client data is compromised by a cyberattack.

Paul T. Lebel excessively traded shares that carried large front-end loads and "willfully disregarded the customers' interest," the agency said.

Technology is getting better at replicating the work of human planners, warns Hedgeable CEO Mike Kane.