Portfolio

'The single most important driver of value by far is growth,' says Dan Seivert, CEO of Echelon Partners.

Vanguard researchers added up the benefit to clients of having smart financial advice. Here's how the numbers work out.

Merrill Lynch has scooped up two advisors with $3 billion in assets under management from rival wirehouse giants UBS and Deutsche Bank.

The value of advisory firms is now being driven by growth, cash flow and risks, says investment banker and consultant David DeVoe.

Pacific Investment Management Co.’s Bill Gross said asset markets from stocks to real estate are not overpriced because the Federal Reserve’s long-term policy rate will be half of what policy makers are forecasting.

John Hughes, the former senior trader on the exchange-traded funds desk at UBS AG’s global synthetic equities division, was banned from working in the U.K. finance industry over his involvement in a $2.3 billion unauthorized trading loss caused by Kweku Adoboli.

Bank Investment Consultant unveils its annual Top 20 Program Managers, designed to recognize the most successful bank and credit union program managers on several criteria.

Donald Runkle, who spent nearly 11 years as Raymond James Financial Services' chief compliance officer, resigned; the firm provided no explanation for the departure.

These strategies can help advisors achieve annuitylike results while cutting out intermediaries and increasing returns.

Alternative investments are reaching a much broader swath of investors. As a result, financial advisors are increasingly bombarded with questions from curious clients. Early adopters are in a position to answer these queries, but for the uninitiated advisor -- it's time to get up to speed.