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Some managers have taken on more risk amid a decades-long decline in interest rates and slow global economic growth to meet long term targets.

Reports of the death of fiduciary differentiation have been greatly exaggerated, contends fiduciary advocate Knut Rostad.

Seniors living overseas are advised to enroll before moving back to the U.S.

Of the 25 new ETFs, the majority come from JPMorgan and investment company Direxion.

The new recruits bolted from Morgan Stanley after nearly 20 years with the wirehouse and its predecessor firms.

Walecia Konrad is an award winning financial journalist and content producer specializing in healthcare and personal finance.

Andrew Mortland is vice president of product at Accertify.

Cheryl Johnson is the vice chancellor of human resources at the University of Pittsburgh.

Like many trusts, the fund was designed to expire in 25 years, however tying it to the lives of a group of children born in the early 90s extended its own life.

Prosecutors said Robert Shapiro used investor money for his $6.7 million home and $3.1 million for chartering planes and for personal travel.