Edward Jones, now about 90 years old, “has prospered by dispensing buy-and-hold wisdom to small clients in small places.” That’s how we put it on our April 2006 cover story on the firm. But now Edward Jones is doing something...

Why did the SEC miss a 2002 letter that warned about the Stanford Ponzi scheme? An SEC internal investigation blames "institutional influences" within the SEC. The SEC investigation report release date? The day the SEC brought the fraud case...

During the rough markets of the past decade, Marathon Value Fund (MVFPX) the fund returned 6 percent annually during the ten years through April 13, outdoing 97 percent of its large blend competitors.

Today’s Senate hearing with Goldman Sachs may increase the likelihood that a fiduciary standard for brokers will make it into Senator Christopher Dodd’s financial regulatory reform legislation.

Former Citigroup brokers, who wanted courts to dismiss debts the firm said they owed on loans awarded when they were hired, were turned down by a district court judge Friday. But they are planning to appeal that decision.

Today Stifel Financial Corp., the St.Louis-based financial services holding company, said it is buying Thomas Weisel Partners Group, a San Francisco-based investment bank, in a deal valued at more than $300 million

RIA principals are very interested in wirehouse advisors—interested in recruiting them, that is. But that takes some finesse. At this morning’s Schwab Advisor Services workshop for advisors in the New York area, RIA principals and...

Morgan Stanley on Wednesday reported higher-than-expected revenues and profits in the first quarter, lifted by its acquisition last spring of Smith Barney and by higher fixed income.

Merrill Lynch plans to grow primarily by investing in current advisors and hiring rookies, said Merrill Lynch president of Global Wealth and Investment Management Sallie Krawcheck on Tuesday. Her words come as recruiting bonuses are at an all time...