Seth Streeter, president of Mission Wealth Management, garnered a $20 million portfolio and he credits much of the heavy lifting to a $10-an-hour intern

An NASD Arbitration panel awarded 32 retired Exxon employees a total of $22 million in damages for losses suffered when their broker put most of their savings in variable annuities and B-share mutual funds.

Advisors bent on serving the rich might consider taking an occasional look at the middle-class market. Consider this: Median net worth from 2001 to 2004 rose only 1.5 percent to $93,100, according to the Fed’s Survey of Consumer Finances...

There are literally thousands of independent broker/dealers. Here's a list of some of the largest by rep count.

Merill's $8 billion swap with BlackRock fixes its house funds conflicts. Or does it?

Small-cap mutual funds have attracted so much attention that the best ones are closed. What no? Can you say 'smids'?

Princeton University is steamed at Merrill Lynch for rebranding its captive mutual-fund operation Princeton Portfolio Research & Management.

Part of the fallout from the regulatory onslaught of the past three years has been a drastic overhaul in how mutual funds are sold. Regulators exposed longstanding marketing practices that quietly boosted the profits of money managers and...

Ameriprise Financial recently forged an unusual alliance with pop psychologist and self-help guru Dr. Phil. During a three-part series called The First Wives' Club the talk show host offered newly divorced women gifts from a number of firms...

Congregation Con man: James Upshaw didn't need fancy performance charts in order to convince 144 people to entrust him with a combined total of $3.2 million he just assured them his financial advice came directly from God. Upshaw, a thief with...