Portfolio

Pioneer Investments has launched Class K shares of its mutual funds for defined contribution plans that are precluded from investing in mutual fund shares with Rule 12b-1 fees or sub-transfer agency fees as part of the expense ratio.

It turns out that iShares will not be raising fees on its exchange-traded funds anytime soon.

Bruce Karpati, chief of the Securities and Exchange Commission’s enforcement division's asset management unit, has a few choice words for hedge funds looking to get into the mutual fund space.

Who is poised to influence the financial advisory industry this year? Check out who made the list, in alphabetical order, and who will set the agenda on everything from the next generation of advisors to the latest set of regulatory rules.

DoubleLine Capital is starting the New Year with a pair of new hires from an old rival.

“It has been a good niche for us,” says Russ Crosson, the president and CEO of RIA Ronald Blue & Co. “Clients come to us because they want to be good stewards.”

The Internal Revenue Service released new income tax withholding tables for 2013 late Monday to reflect the expiration of the 2001 and 2003 Bush tax cuts and the more recent payroll tax cuts of 2011 and 2012, but noted that the guidance would be modified if Congress acts.

Market participants wonder if the Justice Department will indict more firms and individuals for bid-rigging of bond-related investment and derivatives contracts.

Long-term municipal bond volume rose modestly for the month of December, closing the door gently on a year that saw record low interest rates spur an upsurge in refundings.

Two questions lie at the heart of the rapidly evolving registered investment advisory space: Which of the country's 15,016 RIA firms can legitimately call themselves independent? And what, precisely, does independence mean anyway? Here are Financial Planning's top 50 fee-only RIA firms for 2012.