Portfolio

FINRA alleges that the firms' advisors sold two types of highly risky ETFs that even they didn't understand.

The well-financed venture promised big hiring in 2013, but a November ADV form shows them well short of goal.

In this newly created role, Philip Poole will lead research activity across the firm’s investment platform globally.

An overwhelming majority of Hispanic and African-Americans say that financial services firms need to hire more diverse staffs, according to a survey conducted by Harris Interactive on behalf of Edward Jones.

UBS AG, Switzerland's biggest bank, is considering a spinoff of its investment banking business as regulators’ demands for more capital thwart efforts to boost returns, according to Mediobanca analysts.

As the stock market has soared, firms face new competition for both talent and clients.

The IRS audited 0.96% of individual tax returns in fiscal 2013, declining for the second straight year and reaching the lowest rate since 2005.

Emerging-market stocks rose for the first time this year after the International Monetary Fund said it will raise its forecast for world growth.

China’s stocks rose, led by energy companies after Offshore Oil Engineering Co. reported a jump in profit. A gauge of small-company shares headed for a record.

Pacific Investment Management Co.’s Bill Gross said investors should focus on shorter-maturity debt as the slow pace of U.S. inflation signals the Federal Reserve’s benchmark rate will remain at almost zero until at least 2016.