Portfolio

"He confessed that he had never invested my money. ... He had been lying to me all along," alleges a relative of the ex-advisor named in an SEC complaint.

How your client can avoid capital gains tax on stocks and lower their tax bills.

The firm beefs up its Salt Lake City presence toward the end of a year that's seen a doubling of both advisors and assets.

Total tax-exempt and taxable municipal bond issuance in 2015 is expected to edge up to $357.5 billion, an increase of more than 2.7% from the $348.1 billion forecast for this year.

Blue Elephant Capital Management is planning a second fund to purchase loans originated on online marketplaces, and the differences from its first fund show how hot the sector has become.

Nearly 97% of respondents said they were very or somewhat knowledgeable about saving for retirement, but just 20% passed a test to prove it; Plus, strategies to increase retirement income.

The world of what one might broadly label values-based investing has changed and expanded significantly in recent years. It has largely been a niche sector, albeit a growing one. But some advisors expect generational changes to affect future growth.

New York Life Insurance Co. agreed to buy asset manager IndexIQ, pushing into exchange-traded funds and adding offerings for retail investors who want to copy hedge fund approaches.

Northwestern Mutual completed its $2.7 billion sale of asset manager Russell Investments to the London Stock Exchange Group, the Milwaukee, Wis. firm announced.

ARCP filed the suit after RCS didn't complete an agreed purchase of shares in Cole Capital Partners and Cole Capital Advisors.