News

Charles Schwab and Co., Inc., said it is releasing two Schwab Market Knowledge Tools reports to help registered investment advisers (RIAs) tackle succession planning and understand M&A deal...

Transamerica Asset Management Group has teamed up with Wellington Management to offer the Transamerica WMC Diversified Growth fund to retail investors in April.

The city of Burlington, Vermont, has filed a regulatory complaint against Morgan Stanley alleging that the firm’s consultants sold the city pension fund investments that caused it to...

Some fund managers offer better Web tools for advisers than others.

PlanTools, LLC, has introduced an expanded suite of online tools that automates the production of data for inclusion in the Department of Labor's required Schedule C reporting.

A new study found turnover rate in some actively managed equity funds can be as high as 200% more than that claimed by the manager.

Wealth Management Systems Inc. (WMSI) now offers Roth IRAs to participants rolling over their retirement savings.

E*Trade has rolled out a new advice solution that it says will “help investors navigate complex market dynamics.”

Bond funds saw inflows of $29 billion in December, according to Strategic Insight (SI), an Asset International company.

Less confident of their employees’ ability to sock away a sufficient retirement nest egg, mid- to large-sized companies in a new Hewitt Associates survey said they plan to...

Mercer’s fourth-quarter 2009 Defined Contribution Universe Summary found gains in all equity markets during the period.

Exchange-traded-fund (ETF) assets fell by $45.3 billion for the month, or 5.8%, according to State Street Global Advisors January 2010 ETF Snapshot.

RidgeWorth Investments has launched a new Web site that has an interactive, customizable retirement plan benchmarking tool and general resources that 401(k) advisers can use to help plan...

Lissa Thomson has been promoted to senior vice president, chief consultant for Lockton Benefits Group's Southern California operations.

401(k) participants took positive savings actions within their retirement savings plans in Q4 and throughout 2009, according to the latest quarterly report from Bank of America Merrill Lynch.

The Washington Times reported that the U.S. Securities and Exchange Commission (SEC) has launched internal investigations against more than two dozen employees and contractors for viewing pornography on...

John Thain, the former chairman and CEO of Merrill Lynch, is now the chairman and CEO of CIT Group Inc., which provides finance to small businesses and middle-market...

Portfolio Evaluations, Inc. (PEI) recently hired Fred Stewart as a senior consultant based in the firm’s Atlanta office.

Heading into Super Bowl weekend, a new report focused attention on another “contest.”

The Value Quotient announced the release of CLIENTconnect, fiduciary management solutions delivered by financial advisers to their 401(k) and 403(b) clients.