Matt Ackermann

Mike Wells will replace Clark Manning as president and chief executive officer.

After news of an 80% increase in dues sparked outcry on our discussion board, Marilyn Mohrman-Gillis, the CFP Board's managing director for public policy and communications, responded to readers questions.

Joyce Frost and Frank Iacono, former executives at Morgan Stanley, and Chris Frost, formerly of Societe Generale, have partnered to form Riverside Risk Advisors LLC, which offers independent risk assessment, structuring, pricing and execution advice for complex derivative and structured product transactions.

The company has added 300 advisers and brokers this year as assets under management in its three wealth management businesses increased.

If the measure is approved by the CFP Board in November, the increase in fees could be implements by July 1.

As part of the magazine's 40th Anniversary celebration, the publication honored six practitioners that have made significant contributions to the financial planning profession.

UBS Wealth Management Americas announced on Thursday it hired a pair of New Jersey advisors from Morgan Stanley Smith Barney.

CHET Advisor is the first advisor-sold 529 plan sponsored by the state. TIAA-CREF will continue to run the Connecticut Higher Education Trust, a direct-sold 529 college savings plan first launched in 1998.

The fund giant has cut cost in 52 funds by lowering the qualifications for Admiral Shares.

The company announced it has completed its acquisition of BNP Paribas’ wealth management business in Panama and the Cayman Islands.

The advisory services practice was established to help Northern Trust’s advisors understand the financial goals of clients in order to offer them specific wealth management services. The practice offers real estate, financial planning, family governance and education, philanthropy, family business, tax planning and wealth transfer.

Financial planners can be the difference between a successful retirement and a difficult one, according to FinancialPlanners.net.

Robert Reynolds, the company’s chief executive officer, said in an interview Thursday that Putnam has offered 529 plans for 10 years, but this plans will take a broader national approach.

The unit of Royal Bank of Canada announced Wednesday it added Larry VanLaningham and Kevin Morrice to its Portland, Ore., office. Both will report to Richard Sorenson, the complex director for RBC Wealth in Portland.

Following a difficult August, confidence among millionaire investors saw its largest increase in more than a year.

The funds, which mark the latest enhancement to the Boston investment manager’s equity products, are designed to provide exposure to the full array of U.S. stocks within the value, core/blend and growth style universes.

Meet the "Nevertirees": Sixty percent of wealthy individuals globally plan to never retire.

Vanguard Group plans to simplify its Target Retirement Funds and certain other funds-of-funds in an effort to improve the products’ international diversification.

Trilogy, which had $12 billion of assets under management as of June 30, specializes in emerging and global markets strategies.

The company hired Donald Gershuny as a managing director and general counsel, Americas; and Peter Reynolds as a managing director and chief risk officer, Americas.