The reduction amounts to about 6 percent of the workforce in high-cost locations.

Advisors, beware of vendors offering “soft” practice management services that are meant to help your business more than your clients. The SEC is watching.

What better way to honor Jack than for fiduciary advocates to, as he says, “Press on, regardless.”

Dr. Louis Samuels was one of the surgeons who performed the heart transplant on Jack Bogle in 1996. He remembers the man for his energy, will power and "unwavering spirit to live."

Dozens of fee-for-service advisors are waiving fees for furloughed federal workers.

With the firm coming in below its goals, Morgan Stanley CEO James Gorman blames volatility and costs of doing business as factors for lower revenue and profit in fourth quarter.

The Vanguard founder lived his spread-the-wealth philosophy.

John Bogle introduced the first retail index mutual fund in 1976. He built Vanguard to $4.9 trillion in assets under management.

Controversial U.S. Rep. Alexandria Ocasio-Cortez has been appointed to the House Financial Services Committee.