News

Rob Ferguson has been named head of global securities lending at CIBC Mellon, Robert Chiuch has been named managing director, and Phil Zywot had been named head of...

Portico Wealth Advisors, LLC, a registered investment adviser (RIA) and retirement plan consultancy firm, has created a complimentary diagnostic to help retirement plan sponsors fulfill their fiduciary duty.

An Allianz Life Insurance Company survey found that by nearly a four to one margin, Boomers remain more attracted to guarantees for their retirement savings over potentially higher...

AdvisorShares Investments, a sponsor of actively managed exchange-traded funds (ETFs), has released the Meidell Tactical Advantage ETF, or "MATH". 

Pershing LLC, a BNY Mellon company, has added Altegris, Invesco and TIAA-CREF funds to FundVest, Pershing’s no-transaction fee mutual fund platform.  

Cerulli Associates has published a report detailing what can cause high-net worth (HNW) investors to leave their financial adviser.  

Invesco PowerShares announced that it plans to close two of its Active exchange-traded fund (ETF) portfolios.

MSCI has launched a new platform to provide asset managers with a suite of tools to better manage environmental, social, and governance (ESG) investments.

The Profit Sharing/401(k) Council of America (PSCA) and Boston Research Group have released findings from a survey of non-qualified plans.

At the 49th International Paris Air Show, many hi-tech features are being introduced. None may be as prominent or noticeable to travelers as this one.     

DALBAR, Inc. has developed a fiduciary designation program, called the 401(k) RF Designation, which identifies advisers capable of acting as fiduciaries and cements it in writing.

ING’s U.S. Retirement division announced a plan to expand its reach to small- and mid-sized corporate retirement plans and to support the distributors that serve this market.

As the price of a longevity annuity increases and as longevity risk grows, more initial retirement wealth is needed and the degree of annuitization needs to be increased,...

A Transamerica retirement survey found that the majority (67%) of  unemployed or underemployed respondents are less confident in their ability to achieve a financially secure retirement since the...

Fidelity Investments has launched the Fidelity Defined Maturity Funds, a series of actively managed national municipal income funds, each with a set maturity date.

Schwab Advisor Services is introducing a consultative program, “Managing Client Profitability,” designed to help advisers grow their business through effective client segmentation.

Convergent Retirement Plan Solutions has developed a subscription-based IRA portal for financial professionals, called IRAstuff.com.   

Year-to-date global long-term fund flows through April 2011 reached $268 billion, according to Strategic Insight’s Global Mutual Fund Review.

A recent report from Financial Research Corporation (FRC) reveals that sub-adviser firms polled say their primary source of manager search information is the manager itself.

Nearly 30% of participants in 401(k) retirement plans at Vanguard are in automatic, professionally managed investment programs, according to Vanguard’s How America Saves 2011.