Finance

Once a top-performing fund with assets well over double today’s value, Templeton’s flagship bond fund has been diminished by the march of passive investments.

Although the federal penalty was axed for those who failed to register for a plan, some states will continue to impose the coverage mandates.

The firm's chief Eric Clarke says there are multiple suitors.

The firm plans to entice new customers through its stock plan administration and financial wellness businesses.

When the world’s wealthy look for a bank to entrust with their personal fortunes, Goldman Sachs isn’t necessarily on their speed dial.

The firm typically trains its own advisors in lieu of recruiting talent from the competition.

Advisors should be increasingly aware of how banks are shaping client expectations.

The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.

Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter.

The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.

David Vogel, who spent five years using data to study the impact of global warming, is starting the fund as pensions and large investors increasingly seek ESG investments.

Timely trading in less-heralded semiconductor markers and firms committed to energy without fossil fuels produced a 54% total return last year, data show.

Similar products are stockpiling unprecedented levels of new cash as investors look to alternative assets for growth and income.

Asset managers stand to gain from an SEC-approved ETF structure since “selection of securities is the intellectual property for which they are paid fees.”

Since selling a majority of his firm to HighTower, John Egan's AUM has soared 50% and he’s lost 15 pounds. Will other advisors reap benefits from similar deals?

It’s the second straight year that Cliff Asness’ quant firm is announcing layoffs.

The $6 billion fund saw almost 3 million shares hit the tape after DoubleLine’s CEO touted its potential for retirees in his annual markets webcast.

The No. 1 IBD adapted the Envestnet planning software to its digital advisor workstation as it looks for ways to maximize advisors’ efficiency.

In what was a stellar year for corporates, governments nearly missed the list entirely.

About $2 billion of assets will be available to the company’s retail clients.