Portfolio

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.

Hillary Clinton has rolled out a plan to make college affordable that her presidential campaign has dubbed the New College Compact, enabling students to pay for higher education without taking out costly student loans.

Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.

Clients may want to consider the impacts of headline risk on securities before pulling out of municipal bond investments.