News

The Securities and Exchange Commission (SEC) announced that J.P. Morgan Securities LLC will pay $153.6 million to settle SEC charges that it misled investors in a complex mortgage...

A Fidelity survey found that advisers who provide comprehensive retirement income planning

RidgeWorth Investments announced that it has added two sales professionals to its recently-created Retail Channel sales team. 

Bank of America is hiring advisers to cater specifically to the “Preferred customer” segment of Bank of America’s client base - those with investable assets of $50,000 to...

Morningstar, Inc. has begun to calculate estimated returns for hedge funds based on publicly available filings.

U.S. institutions made two notable changes to their domestic equity trading practices last year, according to Greenwich Associates.

A nationwide survey found that although the majority of Americans ages 29 to 49 worry about their retirement prospects, many have not yet begun to save or plan...

RREEF, the real estate investment business of Deutsche Bank’s Asset Management division, announced that Mark Roberts has joined the firm.

Strategic Insight has rolled out its annual report on mutual fund fees and expense benchmarks.

The ING Foundation has developed a program that offers girls practical, hands-on investing experience, and allows them to use their gains towards paying for college.

kasina’s latest report, Mastering ETF Distribution, describes methods asset managers should use when trying to attract advisers to use their exchange-traded funds (ETFs).

In a Bank of America (BofA) Merrill Lynch Webcast focused on women and retirement, the idea was broached that women simply need to save more money than men...

Neuberger Berman hired three wholesalers to its team of twelve internal and external salespeople. 

A study by Bankrate.com found that only 24% of Americans have a six-month emergency savings cushion, and another 24% have no emergency savings at all.

Pershing LLC, a BNY Mellon company, has added more than 20 providers to its ValueAlliance program.

A Northwestern Mutual survey asked people in what areas do they most frequently set goals; financial goals were more common than family, fitness, or work-related goals. 

John Hancock Financial Network (JHFN) will begin offering its advisers practice management tools from the Retirement Plan Advisory Group (RPAG).

Pension Specialists, Inc. (PSI) has acquired Human Capital Services, a division of RSM McGladrey, Inc., and the new entity will be rebranded as Verisight, Inc.

The Securities and Exchange Commission (SEC) has come out with guidance on the timing of new requirements regarding security-based swaps under the Dodd-Frank legislation.

Those who have been waiting for the new Form 5500 EZ need wait no longer.