In 1952, at the age of 65, Harland Sanders took a $105 social security check and an old family fried chicken recipe, and launched the multi-million dollar Kentucky Fried Chicken fast food business. Sanders was a rarity half-a-century ago, but...

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

Times are tight. Earlier this year, Gregory Gambone looked at his rising costs and realized something had to give. With big increases in the price of everything from gas to postage, Gambone's expenses had spiked about 25 percent versus 2006. He...

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

These days the wealth management divisions are the shining stars of wirehouse firms.

The free-flow of information is key to a healthy market. Yet, the SEC seems to want to put a stop to it unless it's information. Naked short selling (shorting a stock you haven't actually borrowed) has always been against the rules. The hedge fund...

There is an old saying that chartists have: The trend will continue until it ends. Yes, it seems silly, even stupid. But, if you are a technician trying to divine future prices from past price movements and trading volume that saying is probably...

Not satisfied with having ushered in a new era of efficient, low cost, investment-savvy pooled investment products, ETF issuers insist on trying to reengineer their own (already pretty darn good) invention.

In trying to fathom the amount of capital that financial firms have destroyed since last summer, I called an acquaintance who used to work at Merrill Lynch.

You'll usually find grandparents are a willing audience, especially if you first ask them to tell you about their grandchildren, and listen patiently for the next 90 minutes. But for those grandparents with several million or more in net worth, a...