The company expects to unveil a deal to buy the Texas firm early next week, Merit President Kay Lynn Mayhue said.

Before advisors rush to embrace the idea of allowing 401 (k) plans to offer alternative investments, courtesy of President Donald Trump’s new executive order, Morningstar’s Jeffrey Ptak suggests they ...

For now, there’s scope for a 50 basis point cut at the next Fed meeting, Sumerlin said, pointing to signs at the short end of the Treasuries curve. While the Fed’s current target for its benchmark ...

Raymond James has recruited an Upstate New York team that managed $207 million at Commonwealth Financial Network to its independent advisor channel.

Goldman Sachs Group Inc. is offering clients a stake in Izzy Englander’s Millennium Management for a minimum commitment of $1 million and as much as $20 million, according to documents being ...

What are the biggest priorities on the minds of independent advisors today? Frank Smith: As CEO, I hear it time and again: time is the most precious resource for independent advisors, and the hardest ...

A pair of new bond exchange-traded funds is making it easier than ever for investors to avoid taxes on coupon payments.

Several small, family-owned firms have joined big players on the shortlist for $45 billion in detention spending.

A dovish tone from Fed Chair Jerome Powell at the conference in Wyoming on Aug. 21-23 could see stocks sliding as investors “buy rumor, sell fact,” Hartnett wrote in a note. He reiterated a preference ...

The lack of funds in the middle market is leading them to focus on fundamentals as a way to compete with others in that space.

Pacific Investment Management Co. is warning that the Trump administration’s plan to sell shares in Fannie Mae and Freddie Mac could drive up the mortgage rates that Americans pay. “Don’t fix what is ...