Portfolio

Recruiting stayed strong as Raymond James reported a 6% increase in quarterly profits for its wealth management unit year over year.

Though the industry reaped 34% profit margins and global AUM rose 10.5% to $67 trillion in 2014, revenues rose only 6.3% to $319 billion, while fees dropped an average 40 basis points.

The biggest financial firms simply have too many financial resources and technology know-how to allow upstarts to undermine what has become a core business and earnings stream.

By simplifying investments as much as possible, Acorns appeals to millennials who want to invest.

The top rankings change considerably when the B-D networks are considered as single operations. Here's an all new top 10 list.

Morgan Stanley, Merrill Lynch and other firms have been benefiting from defections from Barclays. But those firms weren’t the only winners in the competition for top talent. See these moves and more in our latest recruiting roundup.

Critics charge that the fiduciary proposal will be a death knell for the brokerage model in the retirement space, leaving low- and middle-income investors without advice.

Potential regulatory legislation may soon restrict strategies surrounding the backdoor Roth IRA; plus, how to retire on $25,600 a year and why most clients can’t even guess what their Social Security benefits will be.

While most people in the retirement industry agree that the Department of Labor has its heart in the right place in wanting to protect individuals from conflicts of interest, many don’t believe the agency has gone about its rule-making in the right way.

WisdomTree is starting an ETF that seeks to minimize exposure to export-reliant companies in the U.S., which typically suffer when the dollar strengthens.