Industry

To get a head start on the new rules, Janus Capital’s Matt Sommer suggests these smart moves.

Blackstone will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity.

Exclusive: Top Labor official says, “If we think there is some continued abuse that hasn't been adequately addressed, we'll figure out what to do."

Merrill Lynch's John Thiel was pleased the new regulation addresses several "practical concerns" made during the comment period.

“A great win for the middle class," a proponent says, as others note the changes already occurring at planning firms.

Voices: The fiduciary rule is not complicated. If you don’t want the responsibility of being an advisor, don’t call yourself an advisor or imply you are one.

Private equity firm gets in advice business as another insurance company gets out.

Recruits from UBS and Morgan Stanley left the wirehouses for the independent side of Wells Fargo.

Three former advisors at the wirehouse accuse Merrill of failing to provide them with adequate support to serve international clients.

Transamerica will be offering smart beta ETFs from BlackRock.