Portfolio

"When you put this in the context of rule changes that have occurred since the financial crisis, this would rank at the top," notes James Allen, CEO of Hilliard Lyons.

"You're getting them through one of the worst things in their life, whether they wanted the divorce or not," says advisor Charles Day.

A limited domestic market and a weak native currency have spurred a number of Canadian mutual fund providers to look to the U.S. retail market for growth opportunities.

Most mutual fund managers spread their money across many securities to curb risk, while a handful eschew traditional diversification and load up on a few holdings, convinced the rewards outweigh the dangers.

As summer winds down, wealth managers, industry execs and others share their favorite titles authored by advisors. These 10 books cover a range of topics from succession planning and practice management, to investment advice and tips on smart retirement planning.

As summer winds down, wealth managers, industry execs and others share their favorite titles authored by advisors. These 10 books cover a range of topics from succession planning and practice management, to investment advice and tips on smart retirement planning.

Nearly a dozen Democratic state senators express their concerns over the Obama administration's proposed changes to the fiduciary standard; plus the crazy way Social Security punishes spouses who claim early benefits.

Critics: DoL fiduciary rule would harm investors; Advocates: Americans' "retirement savings are being depleted by conflicts of interest every day."

The DoL’s proposed fiduciary rule would likely push some commission-based brokers out of the retirement market altogether, NAIFA’s JuIi McNeely testified during the second day of DoL hearings on the proposed rule.

A federal appeals court has reversed a Tax Court decision in favor of an unmarried couple, finding the mortgage debt limit provision in the Tax Code applies on a per-taxpayer basis and allowing each of them to deduct mortgage interest up to the $1.1 million limit.