The Financial Industry Regulatory Authority is gearing up to release new rule proposals that allow advisors to pause orders if they believe some type of financial exploitation of senior investors is afoot...

Put your money where your mouth is. HighTower’s CEO Elliot Weissbluth appeared on Wall Street Week over the weekend, talking about the qualities he thinks make a good financial advisor. Among them, the ability to tell clients that they’re...

Every little bit helps

Private equity firm Hellman & Friedman is set to become a majority owner of Edelman Financial Services, although founder Ric Edelman will continue to hold the largest individual stake in the $15 billion advisory firm. ...

The next Speaker of the House? | Copyright Mark Wilson, Getty Images Now that Rep. Kevin McCarthy of California has quit the race for Speaker of the House, could Jeb Hensarling toss his hat back into the ring? The current chairman of the H...

Morningstar announced plans Thursday to acquire Total Rebalance Expert, an automated portfolio rebalancing tool for financial advisors. Developed in 2008, tRx focuses on allowing advisors to easily minimize taxes and harvest tax losses for...

Read the fine print. The Consumer Financial Protection Bureau on Wednesday said it's considering a proposal that would prohibit financial services firms from including mandatory arbitration clauses common in many consumer contracts. The w...

Famed bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent Allianz SE for $200 million, saying he was driven out of the bond fund giant he helped found by a greedy "cabal" of executives who...