News

E*TRADE Capital Management, LLC, is expanding its advisory services by offering clients the ability to invest in a unified managed account (UMA).  

The Certificate of Deposit (CD) Savings Plan is the newest addition to Indiana’s CollegeChoice 529 Plan, which already includes Direct Savings Plan and Advisor Savings Plan options.   

With NFL play-off season underway, the epicenter of gambling – Las Vegas – offers some pointers for those looking to place a bet on the championship game.  

Manulife Asset Management named Walter T. McCormick and Emory W. Sanders, Jr.,to lead a new Boston-based Core Value Equity team.

The Employee Benefits Security Administration (EBSA) announced an extension of the comment period on its proposal to update the definition of fiduciary.

At the end of December, U.S. ETF assets stood at $1.005 trillion – the first time U.S. ETF assets surpassed $1 trillion.

Demand among U.S. investors for stock mutual funds accelerated by year end, with aggregate inflows to equity funds, including ETFs, near $25 billion, according to Strategic Insight, an...

Pershing LLC, a BNY Mellon company, announced upgrades to its Advisor in Transition practice management program. 

The Securities and Exchange Commission (SEC) is expected to publish its reports on whether broker/dealers should be held to a fiduciary standard and whether advisers need a self-regulatory...

Charles Schwab has urged regulators to focus on other parties in the nation’s recent mortgage meltdown after the firm was dealt a fine from the SEC.

Russell Investments announced its intent to acquire U.S. One, Inc., a registered investment adviser (RIA) and exchange-traded fund (ETF) provider.

The Retirement Income Industry Association (RIIA) and HealthView Services have developed a retirement income management software solution that includes a portion dedicated to unforeseen healthcare costs.   

Fidelity's newest unified managed account (UMA) offering, Personalized Portfolios, provides daily risk management and tax-sensitive investing previously reserved for institutional investors.  

ExpertPlan, Inc. has been selected by GWN Securities, Inc. to provide a customized defined contribution and defined benefit retirement program to their national network of more than 700...

A Vanguard survey finds that most target-date fund investors understand the funds’ basic design and are aware of the accompanying investment risks.

The vast majority of households surveyed by the Insured Retirement Institute and Cerulli Associates say they are unfamiliar with annuities or have no opinion of them at all,...

Charles Schwab on Tuesday agreed to pay more than $119 million to settle charges of wrongdoing in connection with the marketing of its Schwab YieldPlus Fund.

Exchange-traded fund (ETF) assets rose $63.3 billion for the month of December—up 6.8%. 

Four out of five companies would drop money market mutual funds (MMFs) from their portfolios if a floating net asset value (NAV) becomes a requirement. 

Barclays Capital announced the launch of a new Emerging Markets Tradable Local Currency Bond (EMLOCAL) Index.