USF Introduces Pricing Strategy for Wirehouse FAs Going Independent
US Fiduciary, Inc. (USF) has rolled out a new pricing strategy for wirehouse advisory teams going independent.
News
UBS to Expand FA Network
UBS Wealth Management Americas has announced plans to develop and grow its Corporate Employee Financial Services (CEFS) business.
Company Stock Price Not Only Factor in ERISA Prudence
The U.S. District Court for the District of Massachusetts recently held that employer W.R. Grace and Co. and State Street Bank and Trust Co. did not breach their...
Iowa First State to Use Improved Annuity Disclosures
The Iowa Division of Insurance will be the first U.S. state regulator to implement an initiative designed to improve consumer understanding of fixed and indexed annuities.
Americans Saving for a Later Retirement
Most working Americans responding to a recent poll declared they had begun saving for retirement, but didn’t expect to be able to start using the money until age...
GenXs Put Retirement at End of Financial Priorities
Though concerns about their retirement exist, members of Generation X say those concerns are on the backburner while they deal with current financial priorities, according to a recent...
Gunning Tapped as CIO for Russell
Russell Investments has named Peter Gunning as its new global chief investment officer (CIO) and managing director of multi-manager investments, effective mid-February.
Columbia Names New Head of Institutional, Intermediary Distribution
Columbia Management has announced several key leadership appointments in its distribution and portfolio management areas.
Schwab Beefs Up Fund Lineup
Charles Schwab Investment Management has added two new international funds to its lineup.
Portfolio Management Shifts Announced at AIM Investments
AIM Investments has announced new management leadership for AIM Constellation Fund and AIM Technology Fund.
Bramlett to Lead BenefitStreet
Jerry Bramlett, founder/CEO of The 401(k) Company, has been named as President and Chief Executive Officer at San Ramon, California-based BenefitStreet, Inc.
OppenheimerFunds Portfolio Series Gets 'Fixed'
OppenheimerFunds, Inc. (OFI) has expanded its Oppenheimer Portfolio Series with the addition of the Oppenheimer Portfolio Series Fixed Income Active Allocation Fund.
SSgA Hit with Two More Subprime Suits
Lawsuits against State Street Global Advisors (SSgA) over its money management decisions to put client funds in subprime mortgage-related vehicles continue to pile up.
Many Wealthy Business Owners Don’t Have Succession Plan
The majority of wealthy business owners have no succession plan in place, but many want to keep working.
Savers Least Confident about Retirement Preparedness
Individuals who save more and are more active in managing their retirement savings are less confident in their retirement security and the retirement decisions they make than are...
MFS Launches Diversified Target Return Fund
MFS Investment Management has launched the MFS Diversified Target Return Fund.
MFS Launches Diversified Target Return Fund
MFS Investment Management has launched the MFS Diversified Target Return Fund.
Dodge&Cox Reopens Two Funds
On Friday the Board of Directors of Dodge&Cox announced that the Dodge&Cox Stock Fund and Dodge&Cox Balanced Fund will reopen to new investors effective Monday, February 4, 2008.
IMHO: Don’t Just Do Something, Stand There!
If you’ve been asked in the past two weeks what to do about the market (and who hasn’t), I’m sure your response has been something along the lines...