BlackRock, fielding question on rival Vanguard, says it's best suited to educate the market about the power of ETFs.
One in four muni bond funds hold at least some debt by an agency the island's government says will default on loans.
Church alleges the firm steered it into risky, costly and unsuitable investments. It lost $13 million.
Judge poised to rule on whether a trial can proceed on claims the company violated its fiduciary obligations.
JPMorgan faces lawsuit, inquiry over proprietary product sales as a church alleges the firm steered it into costly and poorly performing proprietary investments
Foundation for Financial Planning in talks that could significantly expand the group's efforts to provide volunteer financial planning services to military professionals.
As volatility climbs in equity and bond markets, advisers re-examine a disfavored asset class even after a lackluster July as asset flows spike.
Lower broker-dealer bond inventories and growing use of high-yield funds could test markets, increase price swings.
A trade group's study says tough competition between fund managers is driving fees in 401(k) plans lower — but investors still may not be getting a good deal.
Bank-owned money manager may look to acquisitions to drive growth .
