News

The Illinois Bankers Association (IBA) and the Springfield, Illinois-based Empire Advisory Group are teaming up to offer Empire's 401(k) plan, 403(b) plan, and nonqualified deferred compensation (NQDC) plans...

Money doesn't seem to equal "prestige" in the eyes of Americans.

Surveyed advisers of employer-sponsored retirement plans (ESRPs) do not seem overjoyed with providers they work with, data from Cogent Research indicates.

More than half of surveyed advisers (57%) indicated that the economic crisis has had a large impact on their business—but it also might be an opportunity.

Days after Bank of America (BofA) announced the appointment of Sallie Krawcheck to run global wealth and investment management, Daniel Sontag said he will leave BofA, according to...

Franklin Templeton Investments has lured Yaqub Ahmed from his post at Columbia Funds.

Brinker Capital announced plans to launch its Personalized Distribution Strategy, a systematic approach to retirement spending and investing.

Global index provider Dow Jones Indexes has named Tariq Al-Rifai as its new director of Islamic indexes.

UBS did some more rearranging of its wealth management units, but the American business will stay the same.

Securities lawyers were not quite as busy during the second quarter of 2009 as lawsuits plummeted from 221 during the first quarter to 140, according to Advisen’s Master...

Security Benefit has won a contract with the Retirement Investors' Club (RIC) of Iowa to be a provider for the 457 plans and 401(a) plans offered by state...

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).