The iconic investor left a lengthy record of the keys to his success, delivered with his trademark bluntness and humor.

In a session that lasted more than two hours, the justices suggested that people accused of fraud by the SEC have a constitutional right to go before a federal court jury, at least when the commission is seeking civil penalties.

McHale succeeds Mark Seffinger, who is leaving the firm; he'll report to Executive Vice President and Chief Risk Officer Brent Simonich.

The U.S. Supreme Court hears arguments today on the SEC's ability to use in-house judges to seek multimillion-dollar penalties.

Munger helped Warren Buffett craft a philosophy of investing in companies for the long term.

Envestnet's Brooks Friederich is leading the firm's model-portfolio division with 2,000 customized products from some 150 asset managers.

Sassi Mizrahi was sentenced to more than seven years in prison after being found guilty of five counts of wire fraud related to helping his brother defraud at least 40 investors, according to the Justice Department.