Portfolio

Wells Fargo adds three recruits, including one from Morgan Stanley, to grow its independent channel.

Congress has effectively overruled the Supreme Court by extending the time period for auditing certain types of tax returns.

Former wirehouse advisor Paul Tanner has struck out on his own with help from TruClarity, a new platform that helps breakaway advisors go independent.

Investors pulled $2.5 billion from Pimco's flagship fund in July, the 27th consecutive month of outflows from what used to be the world’s largest mutual fund.

Aberdeen Asset Management agreed to buy Arden Asset Management to expand its hedge-fund business.

The Republican presidential contender says the retirement age should slowly be raised by two years to address Social Security's financial woes; Plus, 7 demands retirees should place on their money.

An arbitration panel ordered the wirehouse to pay two former clients $250,000, a mere 10% of what they originally sought, in a case involving the sale of funds of Puerto Rican municipal bonds.

A former Wells Fargo FiNet affiliate has signed on with Raymond James' independent broker-dealer.

The billions of dollars in new capital from mutual funds into startups are largely responsible for skyrocketing valuations, fewer initial public offerings and talk of a bubble.

XYPN co-founder Alan Moore moves his RIA to Abacus Wealth Partners as part of the deal.