Portfolio

An arbitration panel ordered the wirehouse to pay two former clients $250,000, a mere 10% of what they originally sought, in a case involving the sale of funds of Puerto Rican municipal bonds.

A former Wells Fargo FiNet affiliate has signed on with Raymond James' independent broker-dealer.

The billions of dollars in new capital from mutual funds into startups are largely responsible for skyrocketing valuations, fewer initial public offerings and talk of a bubble.

XYPN co-founder Alan Moore moves his RIA to Abacus Wealth Partners as part of the deal.

Pimco said regulators are considering taking action against the firm over marking of securities in the exchange-traded fund version of its flagship Total Return Fund.

Advisors are backing off equities and bonds, as volatility and the Greek crisis have some clients 'spooked.'

Barclays advisors overseeing $3 billion recently went independent with Dynasty. But that wasn't the only big move; Merrill recruited multiple teams managing more than $2.5 billion. See these and other moves in our latest roundup.

Commentary: No human, no matter how sophisticated, can operate as consistently, quickly or as efficiently as the technology powering an automated investing service.

The trust fund assets will be viable now until 2034, a slight improvement, but Congress still needs to address the program's larger financial woes; Plus, some Medicare recipients could face steep premium increases next year.

Michael Shaw, who left the board amid turmoil over its disciplinary process, could end up working for former investigatory targets with new consulting gig.