News

ETF Portfolio Solutions, Inc., an RIA firm specializing in exchange-traded funds (ETFs), brought aboard William Koehler as CIO.

Fidelity Investments turned to Thomson Reuters executive Michael E. Wilens to fill the new position of head of asset management.

Nearly eight in 10 (78%) employers surveyed by Fidelity Investments already offer a QDIA, with most (63%) holding lifecycle funds as the QDIA.

TIAA-CREF is now ready to help clients prepare written plan documents newly required for some 403(b) plans.

Ibbotson Associates will provide customized portfolios for SecurePath by Transamerica, a service of Transamerica Retirement Management, Inc.

The risk of outliving savings in retirement is now a little greater as preliminary data for 2006 shows that life expectancy hit another record high.

Putnam President and CEO Robert J. “Bob″ Reynolds said in a conference call he approaches his new role with one thought in mind: “winning.″

MassMutual’s Retirement Services Division unveiled a Web site feature giving participants easy sign-up for their 401(k) plan.

Invesco PowerShares expects to list the frontier countries portfolio exchange-traded fund (ETF), designed to provide investors access to equity markets in the Middle East and North Africa.

Schwab Institutional announced enhancements to its package for start-up registered investment advisers (RIAs).

Even in tough markets, advisers resist client urges to move assets, according to the most recent SEI Advisor Network Quick Poll.

ProShares announced new funds that leverage desirable exposure to the oil and financial sectors.

Former Fidelity COO Robert L. “Bob″ Reynolds has been named President and Chief Executive Officer of Putnam Investments.

Beginning June 21, you will have to show identification to get past the security checkpoint at airports.

Financial advisers across all segments see ETFs as the most innovative investment vehicle of the last two decades, according to a State Street study.

Putnam Investments named Gerald Sullivan managing director and senior portfolio manager and Rob Brookby senior vice president and portfolio manager of its U.S. Large Cap Equity group.

State Street Global Advisors (SSgA) was selected by Lincoln Financial Group for an extensive sub-advisory relationship.

Lady Advisor provides resources for female financial advisers.

Ultra-high-net-worth business owners might have succession and estate plans, but fail to implement or update them, a study says.

Navellier&Associates decided two new financial blogs will allow them to communicate more effectively with advisers and investors.