Portfolio

"We decided we wanted to take part in the consolidation of the industry," says Mercer CEO David Barton.

A second bankruptcy filing puts Cetera in ‘home stretch’ to becoming standalone B-D, CEO says.

Many investment products are still designed with men's needs in mind, despite studies that show women are more active in saving for retirement.

Bob Jain, the global head of Credit Suisse Asset Management, will become co-chief investment officer at Millennium Management.

Dollar-cost averaging is not a good strategy for retirement investors to manage risk in their portfolio; plus, a widow's Social Security options.

Voices: Self-proclaimed market wizards often have records of accuracy that fall far short of the hype that surrounds their reputations. Advisors, beware.

There’s room for improvement in investors’ approach to tax planning. Only 29% of those surveyed pay attention to the impact of taxes on their investments.

This filing follows January’s prearranged bankruptcy, and is part of the plan to fully restructure Cetera by May.

A Blackstone mutual fund that allocates money to hedge funds lost almost half of its assets this month as the fund’s biggest backer, Fidelity, slashed its stake.

Last month, hedge funds participated in the fewest number of venture capital rounds in U.S. tech companies since 2013.