Portfolio

Nearly one in 10 investors now hold at least 50% of their portfolios in ETFs, up from 4% last year.

The SEC says it has reached a settlement with a Nebraska investment advisory firm charged with breach of fiduciary duty involving three funds it managed over the course of the previous decade.

Firm founded by ex-PayPal & Intuit CEO opens Denver office as digital upstarts jockey for tech-savvy clients.

UBS O’Connor, the UBS AG unit with $5.2 billion of assets, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.

Although a good chunk of our lives is spent at work, it is surprising that so few people actually put much time into evaluating their career options.Here are six fundamental questions most people neglect to ask themselves before selecting a career.

The IRS has temporarily stopped sending out tax refunds and the Tax Court has suspended operations as lawmakers in Congress continue their fiscal battle.

VisionPoint Advisory Group is looking to use the giant independent broker-dealer as a base to expand by recruiting more advisors.

BNY Mellon has announced the launch of an enhanced distribution "waterfall" capability as part of its private equity fund services.

Bloomberg -- Bank of America Corp., the second- largest U.S. lender by assets, completed the merger of its Merrill Lynch & Co. subsidiary into the parent company to simplify the corporate structure.

Bloomberg -- Pimco's Bill Gross said the U.S. will avoid a “catastrophic” default on Treasury securities even if lawmakers fail to extend the debt limit on the nation’s debt.