Empower Chief Executive Officer Edmund Murphy has defended the company's plans to give retail investors access to private markets through their defined contribution plans.

A senior Consumer Financial Protection Bureau official who raised concerns about the way the agency is being handled by President Donald Trump's administration has been sidelined, according to news ...

Affluent investors around the world are putting their cash back to work after having much of it sidelined over the past year, and a large share of that money is heading into alternative investments, ...

Citigroup is planning to hire hundreds of staff in Charlotte, North Carolina, including in personal banking, and it will invest millions of dollars in a new office in the city, according to news ...

Two Merrill Lynch retail clients will receive a total of nearly $3.7 million from the wirehouse in exchange for relinquishing "unsuitable" private equity investments that allegedly failed to generate ...

LPL Financial announced that it has added a father-son advisor duo from Raymond James, where they had about $450 million in advisory, brokerage and retirement plan assets. Cetera Financial Group has ...

LPL Financial announced that it has added a father-son advisor duo from Raymond James, where they had about $450 million in advisory, brokerage and retirement plan assets. Cetera Financial Group has ...

UBS is reimbursing certain customers who lost money following President Donald Trump 's vow to impose far-ranging tariffs this spring, according to The Financial Times.

A small change being contemplated at the Securities and Exchange Commission on how it approves exchange-traded funds for listing is set to usher in an era of new fund launches tied to cryptocurrencies ...

The Securities and Exchange Commission has charged a Chicago-based registered investment advisory firm and its chief executive — a one-time Merrill Lynch financial advisor — with overcharging clients ...

A new study suggests that the Wells Fargo bogus-account scandal played into the hands of fintech lenders — negatively impacting not only Wells but also other banks.

The vast majority of financial advisors nearing retirement lack a proper succession plan — and they may be putting their practice in peril as a result, according to a new survey.