News

Bank of America Corporation (BofA) unveiled four senior management changes, including the appointment of Sallie Krawcheck to lead Global Wealth and Investment Management.

The Securities and Exchange Commission (SEC) today charged Bank of America Corporation (BofA) for misleading investors about billions of dollars in bonuses paid to Merrill Lynch & Co....

Though the economy still tops their list of concerns, the majority of surveyed small-business owners said they expect an economic turnaround this year or next.

NewRiver, Inc., has announced the availability of FundPOINT Desktop for 529 Plans, a single-source desktop solution for managing multi-layered 529 college savings plan information.

Natixis Global Associates (NGA) has launched a multi-strategy, absolute-return fund in conjunction with AlphaSimplex Group (ASG): Natixis ASG Diversifying Strategies Fund (DSFAX).

Huntington Funds said it has introduced three Asset Allocation Funds, advised by Huntington Asset Advisors, Inc. (HAA), a subsidiary of Huntington Bancshares Incorporated.

Although growth was a little slower this past year, 84% of independent registered investment advisers (RIAs) expect to grow moderately or faster over the next five years, according...

BNY Mellon Asset Servicing announced it will provide managed accounts outsourcing support for Mesirow Financial, a Chicago-based financial services firm.

Two-thirds (67%) of private industry workers had access to retirement benefits in 2008, according to data from the Department of Labor's Bureau of Labor Statistics (BLS).

As a kid, I remember sitting in church listening to a sermon about what I have since come to know as the “parable of the talents,”...

A recent Charles Schwab survey found that less than a third (31%) of respondents claimed they speak with their broker or financial adviser on a regular basis.

The Department of Labor (DoL) has said its Form 5500 transition relief for 403(b) plans applies to years beyond the 2009 plan year.

Diversified Investment Advisors, Inc., has announced that Scott J. Pawlich has joined the firm as vice president of sales.

John Hancock Funds said it designed a section of its Web site to help advisers assist clients who are facing job changes or losses.

Fee-based advisers expect growth in demand for fee-based advisory services and managed accounts, according to a survey from Jefferson National.

Among other things, the Securities and Exchange Commission (SEC) plans to explore the definition of fiduciary duties of financial intermediaries.

It may be hard for advisers not to talk on their cell phones—but it is one of the top reasons for car crashes.

Defined benefit pension income plays a critical role in reducing the risk of poverty and hardship among older Americans, according to a new study.

Fidelity Investments’ registered investment adviser (RIA) and brokerage clients will now have access to the initial public offerings (IPOs) and follow-on equity offerings underwritten by Deutsche Bank Securities...

Following the recent departure of Sandy McCarthy as president of Institutional Plan Services, ING said it has further streamlined its Retirement Services structure, while ensuring the institutional businesses...