Portfolio

UBS is facing more than $600 million in damage claims filed by Puerto Rico investors in closed-end bond funds, the bank said in its second quarter earnings report Tuesday.

Some are pushing investors to target intermediate maturities and others telling investors to adopt a barbell approach, a strategy where investors buy both short and long maturities.

Increased operating expenses and higher than anticipated regulatory costs and fines contributed to a 4.4% drop in second-quarter net income at LPL Financial.

As more and more advisors consider alternative investments, they must ensure that they are conducting thorough due diligence before recommending hedge funds, private equity funds or other non-traditional assets.

The $400,000 Social Security question; Generating income in low-yield world; When conventional wisdom is good enough

As more and more advisors consider alternative investments, they must ensure that they are conducting thorough due diligence before recommending hedge funds, private equity funds or other non-traditional assets.

Capital Group Joins BlackRock in Filing for Non-Transparent ETF

As more and more advisors consider alternative investments, they must ensure that they are conducting thorough due diligence before recommending hedge funds, private equity funds or other non-traditional assets.

Entrepreneurial advisors are leaving the wirehouses and constructing new business models the industry hasn't seen. But before joining these trailblazers, other advisors should think about what it is they want to change.

The financial powerhouse announced it has acquired the business of Capital Planning Advisory Group, a small Yardley, Pa.-based RIA. The team will bring $120 million in client assets.