Margarida Correia

Employees are willing and able to save more money for retirement through their workplace retirement plans. They just don’t know the best way to do it.

For the week ended July 11, bond funds took in $6.39 billion, the most of any fund category. Long-term equity funds, meanwhile, lost $1.47 billion in outflows.

The world’s largest international wealth management firms performed better than lower-tier firms on many fronts, including net new money and pre-tax profit growth.

Investment Centers of America beefs up its practice management program with newly created senior position.

Thomas P. Fay oversees a team of wealth professionals geared to high-net-worth investors in Southeast New England.

For the week ended July 3, investors steered an estimated $1.68 billion into long-term mutual funds, about half the amount they invested a week earlier, according to the Investment Company Institute.

Northern Trust has appointed 12-year company veteran Laura G. Mandel president of the Northern Trust Co. of Delaware.

The 12-month global economic outlook of top executives around the world darkened in the second quarter, according to the CGMA Global Economic Index released today.

Investors threw $105 billion into exchange-traded products in the first half of 2012, giving the global ETP industry its largest-ever first-half-year inflow.

For the week ended June 27, investors pulled an estimated $1.46 billion from mutual funds that invest long-term in U.S. equities, down 21% from the previous week’s $1.85 billion outflow.

BNY Mellon has hired Christopher Ross as a senior portfolio manager in its wealth management office in Washington, D.C.

Investors poured $12.84 billion into exchange-traded funds and notes during the month of June, bringing total half-year inflows to $75.91 billion, up 31% from a year ago.

Bank holding companies raked in $118.4 billion in wealth management income in 2011, up 1.35% from $116.9 billion in 2010. The increase comes despite a lackluster fourth quarter, the industry’s weakest since the beginning of 2009.

Advisors who provide services to defined contribution plan sponsors can boost client loyalty through greater plan support and oversight, according to a study by Cogent Research.

Almost half of credit union customers referred family and friends, besting large banks, which had a 32% referral rate.

Investors pulled an estimated $1.85 billion from U.S. equity funds the week ended June 20, almost three times the $620 million withdrawn a week earlier.

As if on cue, the economy has once again stalled after a promising first quarter, just as it’s done for the past three years.

Investment Professionals Inc. will provide investment and wealth management services to Eclipse Bank, a $135 million community bank based in Louisville, Kentucky.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

Gus Sauter, managing director and chief investment officer of Vanguard, will retire from the firm at the end of the year. Mortimer J. “Tim” Buckley, a managing director, will succeed him.