Portfolio

A $775,000 settlement for Waddell & Reed relating to its pre-LPL days displays how the regulator is ramping up enforcement of such cases, experts said.

Plus, Betterment enters a deal to offer digital assets as a new survey finds Americans are cooling on crypto.

With the broker behind bars since last year, the firm has paid nearly $2 million in client restitution and a regulatory fine over its mishandling of the account.

While diversification is hot again, these funds haven't always managed to work as advertised.

The San Francisco bank announced the hiring of a nine-member team led by Merrill Lynch veterans Harold Reinstein and Michael Nelson. First Republic reported 26.4% growth in wealth management revenue during the second quarter.

Separate announcements by Concurrent Advisors and Private Advisor Group display why flexibility for financial advisors is valuable to growing RIAs.

As stocks slide, public pensions are feeling the pain, leaving city governments to pick up the slack.

Some favorite techniques used by the wealthy in recent years aren't looking so good amid higher interest rates.

Experts say the next big marijuana boom is right around the corner, and it could generate big returns for investors.

Pro athletes and pop stars think their fame will last forever. Financial advisors need to plan for much shorter careers.