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Big firms are asking for more time, while investors and even some advisers are asking the Labor Department to keep the rule intact.

Active managers face headwinds despite an overall positive outlook for the U.S. economy that’s taken hold since the election of President Trump.

The famed manager claimed he was ousted by a "cabal" of executives who wanted a larger share of his bonus.

Asking clinical expertise before investing in complex products is a must for Henrik Rhenman, who manages the $500 million fund.

These products haven’t suffered the same fate as other active portfolios because they offer something that isn’t easy to automate.

There’s a big difference between what advisers think brings in new business and what actually works.

A new rule addresses double jeopardy, but doesn’t apply in older cases.

Advisor Bryan Kuderna learned valuable lessons about finding clients from the popular film and his local chamber of commerce.

A high-yield corporate debt fund offering from the bank.

At least 16 advisers have shuttled between the wirehouse firms so far this year.