I recently met with a wealth management team composed of three senior partners, two support staffers and one intern. They manage over $300 million in assets, and although they have culled their client list, they still have too many low-end clients...

On July 3, 2003, registered representative Douglas J. Toth was named as one of several defendants by the New Jersey Attorney General and the New Jersey Bureau of Securities in a securities fraud civil action that alleged, in part, that he had made...

Recycling Scam Perp Busted: Paul Merklingler of Novi, Mich., raked in $7.2 million from five investors between September 2006 and July 2007 with a simple investment opportunity: interest in a tire shredding truck that a leasing company would lease...

Bugged offices, bogus Russian court judgments and a company named Pluton from Tatarstan run by a convicted murderer it sounds like a Tom Clancy novel. But it's not. In a July letter to update shareholders, Hermitage Capital Management described...

When 25-year-old Russell Bailyn embarked on his career as a wealth manager in New York City with Premier Financial Advisors three years ago, his older brothers thought he needed a marketing tool that would differentiate him from the pack.

Across the industry, one thing is for sure: The market for financial advisors is hot.

Plaintiffs' lawyers periodically charge that mutual funds impose excessive fees. But costs in the industry have been declining steadily.