Margarida Correia

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.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

Higher hurdles advisors must clear to break into the advisory business are contributing to the aging of the workforce. Here are tips to help rookie advisors get into the field and thrive.

Industry veteran John Morris joins Bank of the West’s Wealth Management Group as head of its investment products offering for affluent and high-net-worth clients.

Millionaire as well as mass-affluent households in the U.S. are markedly more optimistic about the economy than they were just two months ago.

Raymond James Financial Services, Inc. has promoted Jamie Kosharek to southeast regional director for the Financial Institutions Division.

Fifth Third Securities hires regional investment manager for Northern Ohio and Western Pennsylvania.

New platform will offer perks like an automated money movement process, among other things, which is designed to enhance the client experience.

Commerce Bank promoted a portfolio manager in Kansas City to vice president and market executive for its trust operation’s central Missouri region.

Despite promising signs of a recovering market, a new survey finds that nearly six in 10 investors are waiting for conditions to improve before making investment decisions.

U.S. equity funds take a lashing, posting estimated outflows of $2.88 billion for the week ended March 14.

Chairman and CEO of Fulton Financial, R. Scott Smith Jr., will retire at the end of the year. E. Philip Wenger, president and COO, will succeed him, effective Jan. 1, 2013.

The prospects for the U.S. economy have brightened thanks to improvements in the labor and housing markets, says TD Economics.

Financial institutions can increase their program revenue by 76% by emulating best practices of top competitors: PrimeVest