Margarida Correia

The Chicago-based company has bolstered its wealth management team in with the addition of veteran advisor Brian Heilman.

Americans are shying away from life insurance because they overestimate its costs, according to this year’s Insurance Barometer Study.

U.S. Bank appointed Brian Vowinkel regional managing director in Seattle for Ascent Private Capital Management — its ultra-high-net-worth unit.

Fund investors paid an average of 79 basis points for equity mutual funds and 62 basis points for bond funds, down 4 points and 2 points, respectively, from 2010, according to a new report from the Investment Company Institute.

Here are 10 ways advisors can set themselves apart in a crowded market.

Bank holding companies earned $2.84 billion from the sale of annuities in 2011, up 10.4% from the previous year, according to a new report from Michael White Associates.

Bank of the West has formed a team to help its wealthiest customers with real estate lending needs.

Wilmington Trust has tapped industry veteran William T. LaFond to head up its wealth advisory business in the Washington, D.C., and Richmond markets.

On the heels of major organizational changes, Northern Trust promotes two more executives in its wealth management business.

BNY Mellon Wealth Management has named an expert in philanthropy and planned giving sales director of its Charitable Solutions Group.

Many Baby Boomers fear outliving their savings even more than death. Here’s a 10-point checklist to help Boomers save themselves from retirement shortfalls.

Investors continue to turn their back on U.S. stock mutual funds. For the week ended April 4, investors pulled $4.27 billion from the funds, the largest weekly outflow so far this year.

Associated Bank has hired Douglas Lee as senior vice president and trust manager on its investment advisory team in Green Bay, Wis.

Even not-so-wealthy clients now have a chance to participate in alternative investments, courtesy of a new mutual fund with a minimum investment of $1,000 from Wilmington Trust.

A recovering economy has done little to change the bleak retirement that Baby Boomers see in their future.

Northern Trust Vice Chairman Sherry Barrat will retire at the end of June after leading the company’s financial services business for five years.

Even though retirement portfolios have nearly recovered from the financial crisis, investors have not, say financial advisors in a recent survey.

Investors continue to spurn mutual funds that invest long-term in U.S. stocks. For the week ended March 28, investors pulled $3.53 billion from the funds, the largest weekly outflow so far this year.

Exchange-traded funds are off to a strong start, with record first-quarter inflows reaching $55.9 billion.

Wintrust Financial Corporation has added a new member to its wealth services team in a push to expand in the Chicago market and its suburbs.