News

Amerivest Investment Management, a subsidiary of TD Ameritrade, has launched Amerivest Supplemental Income Portfolios powered by Morningstar Associates. 

A McKinsey analysis of the asset management industry shows that growth has been more difficult to achieve than profitability, with only one in five asset managers sustaining above-average...

Charles Schwab clients’ financial sentiments declined in the third quarter, hitting the lowest level in two years.  

Principal Funds has launched the Principal Global Multi-Strategy Fund, designed with risk-adverse near-retirees in mind.  

In an analysis of fees in 401(k) and other defined contribution retirement plans, researchers found the level of complexity in servicing a plan did not appear to have...

Garnett Retirement Group, with offices in Tampa, Florida and Greenville, North Carolina, has joined Pensionmark Retirement Group.

CPI Qualified Plan Consultants has added the mutual funds of Russell Investments to its retirement plan platform. 

Russell Investments has introduced a mobile application based on its adviser-facing website.

ASPire Financial Services has hired Eddie Griffin as Regional Director of Sales in the Northeast Region.

FiPath has launched FiPath for Advisors, an online marketing solution to help advisers generate leads.  

Allianz Life Insurance Company of North America named Carsten Quitter as its new chief investment officer.

Gregory McGreevey will join Invesco as head of Invesco Fixed Income. 

Cerulli anticipates the percentage of advisers' discretionary business will increase from 59% in 2011 to 71% by 2013. 

If critics of the financial services industry or the retirement industry in particular say product offerings are too complicated, Prudential contends that’s where advisers come into play.  

Residents of New Hampshire and Alaska rank at the top of financial literacy and financial behavior, while residents of Louisiana and West Virginia rank at the bottom, according...

One-third of pre-retirees who say they are five years away from retirement have not calculated how much income they will need.

The retail cost of a traditional Thanksgiving dinner increased about 13% this year, according to the American Farm Bureau Federation (AFBF).

Retirees are feeling more financially secure since 2009, but fewer have estimated how long their assets will last into retirement, according to a recent study.

CEM Benchmarking Inc. hired Jonathan Epstein as director, U.S. Territory.  

The Tax & Accounting business of Thomson Reuters has made a deal with Thompson Hine LLP to provide clients with custom retirement plans that meet IRS requirements.