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Fortigent will operate as an independent subsidiary of LPL Investment Holdings and a sister company of LPL Financial.

On April 24, 2012, The NASDAQ OMX Group, Inc. has launched the NASDAQ Commodity Index Family, designed to give investors exposure across all major commodity sectors. The commodity index family, offered through the NASDAQ OMX Global Index Group, is available in five distinct roll versions to offer investors different investment strategies.

U.S. Bank appointed Brian Vowinkel regional managing director in Seattle for Ascent Private Capital Management — its ultra-high-net-worth unit.

Financial advisors looking to understand how emotion can botch an investment decision need to look no further than the National Football League draft.

Municipal portfolio managers say retail investors are turning to tax-exempt bond funds because they see them as a relatively safe harbor in stormy seas.

Buyers and sellers still cannot agree on price, the heads of six acquisition-minded banks said in first-quarter earnings calls.

The nascent active exchange-traded fund space, currently populated by PIMCO, AdvisorShares and Guggenheim Partners, may soon get a new entrant.

Federico R. Buenrostro, former CEO of the California Public Employees' Retirement System, and a friend fabricated documents given to New York-based private equity firm Apollo Global Management, costing the asset manager $20 million in “fees it would not otherwise have paid,’’ the federal regulator said.

A number of exchange-traded fund companies are creating a trade association to provide education about the $1.2 trillion industry.

You just got a payment for $2,121,371.48 from a major mutual fund manufacturer. The size is nice. But how do you know if it's correct?