Practice

Clients expect their emails and texts to be responded to nearly instantly, says Earl Jefferson, founder of Texas-based advisory 7th Harvest Investments.

Four elite advisers who left the independent channel to launch their own RIA deliver blow to Wells Fargo's target of a best-ever recruiting year.

Active asset managers such as GAM are facing higher regulatory costs and the growing popularity of low-cost ETFs that passively track markets.

While it is understandable for parents to support their children's athletic goals, they should learn to cut back on other expenses.

George Merhoff poured his clients' portfolios into a handful of energy stocks that plummeted in value, ex-clients allege in arbitration cases.

A variety of clients may find it wiser to hold back.

A variety of clients may find it wiser to hold back.

Also, Dynasty lured teams managing nearly $1 billion in client assets to independence.

The hedge fund's legal woes, however, have taken a toll on the company's stock, which has fallen about 71% in the past year.

Equities and currencies are extending two months of gains after a report showed U.S. gross domestic product grew at less than half the pace forecast by analysts.