Portfolio

The advisory industry is already locked in fierce competition to recruit new advisors. Now TD Ameritrade Institutional is ratcheting up its efforts to attract talent.

OppenheimerFunds and Putnam Investments are among the winners of the 2013 NOVA Awards, which recognize innovation in the investment management industry.

Senator Ben Cardin, D-Md., a member of the Senate Finance Committee, has written to Treasury Secretary Jack Lew and Acting IRS Commissioner Daniel Werfel, urging them to quickly resolve and clarify the tax implications for legally married same-sex couples and those in civil unions.

While an advisor's pitch to clients should be well rehearsed, it also needs to be flexible, says new solo advisor Dave Grant.

The Department of Labor’s Web site debunks the myth of the $100-per-day fine for not providing ACA-related information to employees.

The IRS issued proposed regulations on Friday that provide guidance on the tax credit available to certain small employers that offer health insurance coverage to their employees under Code Section 45R, enacted by the Patient Protection and Affordable Care Act.

Visium Asset Management announced the launch of the Visium Event Driven Fund (VIDVX). This is the first mutual fund offering for the alternative asset management firm, which was founded in 2005.

Morgan Stanley has bolstered its New York office with a top billing advisor team from J.P. Morgan Securities, the boutique brokerage branch of JPMorgan Chase.

Few things are more frustrating than encountering advisors who consistently provide sound counsel to their clients -- but forget to practice what they preach for their own business and personal plans. Here are the areas advisors most commonly need to start heeding their own advice.

As real estate recovers, non-listed REITs are soaring, but they haven’t been much of a hit with customers of Merrill Lynch.