News

Wells Fargo Securities said it had agreed to acquire Merlin Securities LLC, a prime brokerage services and technology provider.  

Over-the-counter (OTC) derivatives, such as interest rate swaps, have become standard tools for defined benefit pension plans.

National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, said Friday it had begun implementing a management succession plan. 

Two California Assembly bills that would have imposed taxes on a variety of services, including services from financial advisers, were amended.  

Most advisers who offer retirement income services said they had adjusted their business to do more retirement income planning over the past year, a study found.  

The SPARK Institute and the Investment Company Institute (ICI) released a sample investment term glossary for retirement plan participants.

The Hartford signed an agreement with Forethought to sell The Hartford’s Individual Annuity new business capabilities. 

The Merrill Edge semi-annual survey of mass affluent investors, especially younger ones, shows belt-tightening amid heightened financial anxiety.  

Study finds high-net-worth investors confident in advisers, who are also "bullish" about market.  

A new white paper explores how exchange-traded funds (ETFs) are created, and takes an in-depth look at the potential risks and advantages.

In J. P. Morgan Asset Management’s 2012 Guide to Retirement, financial advisers are given a complete picture of retirement and its key issues.

Americans appear to be unprepared financially to live into their 70s, 80s and 90s, according to Northwestern Mutual’s Longevity & Preparedness Study.

It’s 2:30 p.m., and you’re wondering: Have a cup of coffee and perk up? Or will you be too wired to sleep that night?  

The U.S. Department of Labor filed a lawsuit seeking to recover losses suffered by participants in the Parrot Cellular Employee Stock Ownership Plan (ESOP).

A lingering low interest rate environment helped make equities more attractive in the first quarter, Ibbotson reports. 

 Transamerica Retirement Services launched an asset allocation service designed to make saving for retirement easier for participants in company-sponsored retirement plans.

Between 2005 and 2009, the rate of poverty among American seniors rose as they aged.

 The Centre for Fiduciary Excellence (CEFEX) will expand its assessment guidelines for retirement plan sponsors, financial advisers and recordkeepers.   

Vestmark announced the introduction of comprehensive compliance solutions for fee-based accounts within its unified wealth management platform, VestmarkONE.  

Christine Gaze was named the new director of practice management for TD Ameritrade Institutional, a division of TD Ameritrade Inc.