Tag: Wealth Management

Affluent and millionaire investors are heading into the New Year with sinking investment confidence, according to a monthly survey from Spectrem Group.

Ponzi was a huge buzz word in 2009, during which we saw almost four times as many investment scams fall apart as in 2008, the AP reported.

The vendor Advisor Software, Inc., said it will expand its offering to registered investment advisers (RIAs) with the acquisition of asset management firm Advisor Partners, LLC.

Bank of America Merrill Lynch is rolling out internal designation programs for financial advisers specializing in the sales and servicing of corporate defined contribution plans.

A new report suggests that more financial advisers (FAs) at the national broker/dealers (B/Ds) are reluctant to follow home office model portfolio recommendations. 

Advisers with retirement plan sponsor clients have total assets under management (AUM) more than 40% higher than their peers, according to Cogent Research.

Chicago wealth management firm Brewer Investment Group has tapped Michael Anthony Campo as senior vice president, Retirement Markets, effective immediately.

Could Americans have learned their lesson about saving versus spending?

Brian Moynihan will take over as Bank of America’s (BofA) CEO and president following the retirement of Kenneth Lewis on December 31, the company announced.

New research from the Sun Life Financial Unretirement Index revealed that more working Americans seek financial advice from family members and friends than from financial advisers, the media,...

Financial firms surveyed by Cerulli Associates said examination of fees, such as 12b-1 reform, will be the greatest regulatory impact in the coming year.

Putnam Investments hired Scott Sipple as head of Strategic Relationships, focused on communication with the asset management research platforms of major wealth management firms.

Investors expect moderate economic growth and solid returns in global equities in 2010, according to the BofA Merrill Lynch Survey of Fund Managers for December.

Most Americans don’t have money set aside for unanticipated financial emergencies and are not adequately getting ready for their children’s college expenses and their own retirement, according to...

A new survey asking respondents to choose a movie title that best describes their near-term financial future revealed more positive outlooks than negative.

FundQuest said it has improved the ability of advisers to offer custom reports on demand.

Most Americans don’t check out their financial adviser’s background, according to a new study by the FINRA Investor Education Foundation.

In a background of lingering uncertainty for investors, many mutual fund managers have continued to attract significant inflows to their stock and bond funds in 2009.

Glenmede has announced that Jason Pride has joined the firm as director of Investment Strategy, a newly created position.

Savings has a new social media "friend."