Kevin Burke

Wachovia Securities' takeover of 120-year-old A.G. Edwards is a big deal a surprising deal, even. But not just because with 14,784 FAs and $1.147 trillion in client assets it creates the third-largest brokerage after...

A new study suggests that the securities arbitration system is seriously flawed, because it's unfair to retail clients. It's an argument that has long been made by investor advocates, of course, and even some...

Individual investors are paying less to own mutual fund shares, as fees and expenses have hit their lowest level in more than 25 years, according to research published Tuesday by the Investment Company Institute. In...

Just 15 days after it announced it was buying A.G. Edwards, Wachovia Securities has announced its retention package for A.G. Edwards reps.

Justice tends to be far from swift when it comes to market-timing fraud. The Securities and Exchange Commission announced this week that it is returning ill-gotten gains to Pilgrim Baxter (investment advisor to the...

Forget shows like The View. An increasing number of women are handling their own finances and want to talk money, but many firms aren’t listening.

Robeco Investment Management, a unit of the largest independently owned money manager in Europe, snatched up four American asset managers and is now targeting U.S. retail financial advisors for the first time. Will...

Saving the world one issue at a time, Mia Farrow championed “Save Darfur,” and some big business listened.