(Bloomberg) -- The U.S. presidential election is nine weeks away, but Wall Street has already chosen a winner: itself...

St. Jude Medical Inc. filed a lawsuit against short-seller Muddy Waters, MedSec and related companies as well as three executives at the firms...

More than two-thirds of RIAs will emphasize efficiency in order to drive the growth of their business, according to The FA Insight Study of Advisory Firms: Growth By Design, an annual research report published by TD Ameritrade...

(Bloomberg) -- New York Life Insurance Co.’s MainStay Investments hired Ken Bossen to help build the exchange-traded fund operation that seeks to mimic hedge fund strategies...

There’s a common misconception that smaller RIA firms, those under $300 million in assets under management, are on a path to extinction. The general message is, if your small firm isn’t dead yet, it will be soon...

Morningstar founder Joe Mansueto will step down from his position as CEO of the company and will serve as executive chairman starting in January 2017. Kunal Kapoor, who has served as president since October 2015, will assume the CEO role...

(Bloomberg View) -- Financial crises are becoming more frequent as markets and the rules that govern them grow ever more complex. New research suggests that this is no coincidence -- and that a simpler system would be a lot more resilient...

Raymond James completed its acquisition of Deutsche Bank’s U.S. private client brokerage over the weekend, which it has rebranded to Alex. Brown. With the firm’s integration behind them, the Raymond James unit will now focus on aggressively recru...