Nailing down the size of the quant space is nearly impossible, but one thing is certain: it's getting bigger.

A mixed verdict in the trial of a bond trader shows the difficulty in policing fraud in opaque corners of the market.

Pershing Advisor Services has terminated 130 advisor relationships over the last three years, and the average size of advisors joining the platform keeps climbing.

Two Morgan Stanley advisors leave for Merrill Lynch, Socratic Wealth Advisors joins LPL and Orion adds Moody's bond ratings to its portal.

The former Treasury Secretary says it’s a good thing the DOL fiduciary rule is now in effect. Otherwise, “it just would’ve been another year or two of uncertainty to reopen it,” he said at Pershing’s Insite conference.

Clients were looking for a nontraditional wealth advisor to help them manage their shares in private companies and more.

There's a fund for that.

Robin Shanahan and Peter Strelow have been named co-chief operating officers and will report to CEO Emmanuel "Manny" Roman. Dave Ivascyn remains in charge of money management.

The company’s management team has so far failed to move beyond preliminary talks with buyout firms, which have balked at SS&C’s high valuation