Portfolio

Massachusetts Mutual Life Insurance, Pacific Life Insurance and TIAA are among companies that have been pursuing deals to diversify operations and gain market share from publicly traded rivals.

Assets under management increased 13.6% as the firm brought in money to both its active and passive funds.

Six changes planners should make to their business models as investors seek lower fees and digital advice grows.

The great wealth transfer might be here, but the top 1% of the 1% are in jeopardy.

Headcount rises for the 11th consecutive quarter for the wirehouse, which is prepping for the Department of Labor's fiduciary rule.

The fiduciary rule is causing many financial advisers to reconsider their fee models.

Here's a strategy that may provide clients with significant cash over time.

Understanding pro-rata rules can ensure that a client only pays their fair share to the government. Plus, these retirement preparations can boost returns and a look at when spending means better planning.

The money, barely enough for dinner at the Thai restaurant downstairs from his office, was Fujino's payout from a 2009 fire sale of the asset management firm he built from scratch.

Upcoming data will give investors more indications about the potential rate path, including figures on retail sales, consumer sentiment and producer prices.