News

Larry Pitkowsky and Keith Trauner, former portfolio managers of the Fairholme Fund, announced the formation of GoodHaven Capital Management, LLC.

A cat has been summoned for jury duty in Boston, and even after trying to get his summons disqualified, the court denied the request.  

Delaware Investments added one regional manager and an external wholesaler to its third-party retail distribution team. 

Charles Schwab is offering the Schwab U.S. REIT (SCHH) and the Schwab U.S. Mid-Cap (SCHM) exchange-traded funds.

The Department of Labor (DoL) requested comments on if advice relating to a plan distribution should be included in the definition of "advice" under fiduciary standards; Aon Hewitt...

Two groups commenting on the proposal to expand the definition of fiduciary have urged regulators not to require those appraising employee stock ownership plan (ESOP) assets to be...

In comments to the Department of Labor (DoL) regarding the proposed change to the definition of fiduciary, Liberty Capital Investment Corporation said the rule “would be a litigation...

Retirement plan sponsors report that client service has now become one of their top reasons for choosing a new plan provider, according to a survey by Anova Consulting...

Russell Investments has appointed Darren Spencer as director, alternative investments in its Americas Institutional consulting group.

The Government Accountability Office (GAO) has published its report on financial planning regulation, as mandated by the Dodd-Frank Act, and found “an additional layer of regulation” is not...

The Newport Group has appointed Frank Tighe as a Regional Director.

Plan sponsors have begun to see securities lending as an investment product with risks and rewards like another other, according to a report from Finadium. 

A new video series from the Principal Financial Group is designed to help advisers educate clients about nonqualified deferred compensation plans (NQDC). 

The Securities and Exchange Commission (SEC) has reached into the asset management industry to find its new Director of Investment Management.  

Mesirow Financial is introducing its POLICE Report, which actively monitors and evaluates investments based on quantitative and qualitative criteria.