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The definition of "rich" can depend on where your clients live.

Most Capital Group portfolio managers have at least $1 million of their own money in their funds.

CEO Sergio Ermotti has resisted pressure from some investors for large-scale layoffs, opting instead for smaller cuts with less impact on morale.

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.

The regional BD has approximately 1,800 advisors.

The advisors are the latest in a string to jump from a wirehouse to a regional BD.

The IBD network has an inside edge for ensuring advisors are ready if equities suffer a sustained fall, according to its president, Adam Antoniades.

More money has been pulled from hedge funds than added over the past four quarters, while ETFs reeled in $312 billion last year.

Across Wall Street, questions are flying about how the wirehouse has handled the biggest U.S. IPO of the past five years.

The SEC has just approved an ETF with negative fees — a sign that fund managers need to continue adjusting to their straitened circumstances.