Portfolio

Bloomberg -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told employees to prepare for more legal woes while the bank undertakes an “unprecedented effort” to comply with regulations.

The Internal Revenue Service has issued new guidance and streamlined procedures for spouses who are seeking equitable relief from joint income tax liability.

As desktop publishing has become less and less expensive and more advisors are building brochures to advertise their practices, marketing organizations are encouraging teams to articulate their value proposition to the marketplace. Here are two glaring errors that advisors must avoid.

Heartland Funds is taking a fresh approach to registered investment advisor distribution, utilizing social media, video technology and an advisory council to better support advisors. These tools help the firm more efficiently use its resources to find out what advisors want and then tailor a support strategy based on this feedback.

BNY Mellon Wealth Management is moving to a larger office space in West Palm Beach to accommodate growing business in Florida, the wealth manager announced Tuesday.

A new study by retirement and investment trends research firm Hearts& Wallets, LLC found that more retirement firms are considering the lifetime value of consumers-currently 55%, up from 43% in 2010-showing an increased focus on younger investors.

How to do more with less? It is a key challenge facing all investment management industry participants, as they strive to deliver outstanding customer service while wrestling with intensifying regulatory demands, and the need to manage risks and control costs.

BNY Mellon Wealth Management hired Tracy McCarthy to lead its Denver office as regional president. She will reports to David Emmes, president of U.S. Markets West.

With heavyweights like PIMCO throwing its hat into the managed futures mutual fund ring, interest in this investment vehicle appears to be rising.

Many banks are at a crossroads now on whether to stay independent or sell—but for those banks that raised money to buy others, the pace of consolidation has been a drag.