Broker Steven Mark Wyatt was accused of unauthorized and excessive stock-market trading during and after the 2008 financial crisis.
Firm faces challenge convincing broker-dealers to sell a new type of investment product.
Sector funds give specialist managers an opportunity to shine during a long bull market.
The firm and its fund distributor will pay $40 million to settle claims in what the SEC says is 'first' in an ongoing series of investigations.
New research finds the asset management firm that Bill Gross built, then left, lost some favor with financial advisers over the last year, but it still commands respect.
After another quarter beating Wall Street's profit estimates, chief executive Larry Fink says the world's largest money manager wants a better relationship with RIAs.
Liquidity, performance concerns and business conflict cause the expanding hedge-fund firm to take a more traditional approach to mutual funds.
Inadequacy of savings is a "far bigger crisis than health care ever was."
BlackRock chief investment strategist says prospect of stocks and bonds moving in tandem means higher risks for investors.
Chief investment strategist says liquid investments are being challenged to offer competitive returns.
