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Hedge funds and private-equity firms have created bogus service providers to boost fees they charge to portfolio companies and investors, SEC Chair Mary Jo White will tell lawmakers in Washington today.

For both consumers and corporations, the lower the income, the higher the rate of tax penalties, according to new research.

Global regulators face a backlash from some of the world’s largest asset managers including Pacific Investment Management Co., Fidelity Investments, and BlackRock Inc. over plans that could single them out for tougher regulation.

BofA CEO Brian T. Moynihan won permission last month for the firm's first dividend increase since the financial crisis. Now he's under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion.

The biggest money managers are asking U.S. Congress to fix a largely frozen part of the mortgage-bond market with a step that would echo moves taken during the Great Depression.

From gender inequality in the financial planning profession to the expansion of financial education and wellness programs, here are the most notable quotes from the past week's stories.

Third-party broker-dealers increased the number of advisors they deploy by 1.5% and upped the number of financial institutions they serve by 2.6%.

Advisors who are good communicators have clients who are more compliant and give more referrals. Understand how to manage three important types of conversations.

As a CPA turned planner, Jean-Luc Bourdon focuses on tax-efficient income and other elder issues.

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.