LPL Financial, the nation's largest independent broker-dealer, is reportedly acquiring Commonwealth Financial Network, an elite Waltham, Mass.-based RIA/broker-dealer with more than $300 billion in ...

Jose Rodriguez of Texas embezzled more than $5.5 million from Morgan Stanley and its clients, prosecutors said.

Corporate bond buyers should be better compensated for stress caused by escalating trade wars, according to JPMorgan Asset Management.

Wealth Enhancement has added to its footprint in Texas with the acquisition of XO Wealth Management, an independent RIA in Dallas that manages $516 million in client assets, according to a news ...

Consumers expect prices to rise at an annual rate of 4.1% over the next five to 10 years, the data released Friday showed. That’s the highest since February 1993 and above the 3.9% preliminary reading ...

While consumer sentiment readings have been dismal of late, it remains to be seen whether they’re a good predictor of spending. Goods outlays bounced back on demand for durable goods like cars, while ...

A former JPMorgan regional banking manager has sued the firm, alleging he faced race discrimination and retaliation for complaining about it when an offer to join the bank's private wealth management ...

Bonds issued by companies such as Staples Inc.; Saks Inc.; Europe’s largest debt collector, Intrum AB; and British carmaker Aston Martin are among highly active bonds vulnerable to forced unwinds.

While financial advisors are spending little time on investment management, they still regard investments as a significant part of the value they provide for clients, according to a new survey.

Paul Atkins, President Donald Trump’s pick to lead the Securities and Exchange Commission, faced an early political test over his strong ties to Wall Street and digital-asset firms.

Nevada, which has no capital-gains tax and no estate tax, isn’t the only place Washingtonians are looking. There is Arizona, where income and capital gains are taxed at 2.5% and there is no estate tax ...

Private creditors are filling the gap in providing capital for new power generation, a report by the firm says.