Portfolio

Prices of top-shelf municipal bonds finished weaker on Tuesday, traders said, with yields on some maturities strengthening by as much as two basis points. In the primary market, New York City’s general obligation bonds were priced for retail investors as several large competitive offerings were sold.

Goldman Sachs Asset Management is starting two money market funds and making changes to two others to comply with stricter rules for funds that offer a stable $1 net asset value.

The independent broker-dealer knows it’s in a dogfight to stay competitive in a sellers’ market.

Recruiting "is as competitive as I've seen it in the last 10 years," says LPL exec.

The regional brokerage picked up eight advisors for their employee and independent channels.

To help improve their online presence, Fidelity announced two new offerings for advisors.

While the 4% rule was created to set a minimum income floor, that doesn't mean spending can never be raised. Here's a better approach to withdrawal rates.

Clients should not be worried about the impact of plunging Chinese stock prices; Plus, six Social Security withdrawal strategies everyone should know.

Thomas J. Buck, an ex-Merrill Lynch and RBC advisor who once oversaw $1.2B in client assets, consented to FINRA findings that he "willfully committed fraud."

One goal is to fully automate LPL's roughly 20 million pages it uses each year and eliminate the experience of working in an office over-filled with files.