Ruthie Ackerman

While many forecast that the use of cash will disappear in the United States, a new report from Aite Group says it is “far from vanishing.”

TD Bank announced Thursday a new high-yield savings account, which offers competitive interest rates as well as a rate increase for also having a TD Bank checking account.

A recent Fidelity Investments survey shows 60% of registered investment advisors are actively looking to acquire new advisors and now they can have help doing so with Fidelity’s newly expanded advisor recruiting and retention resources.

On Thursday, E-Trade Financial announced that E-Trade Capital Management LLC will expand its advisory offerings to include unified managed accounts.

While the number of health savings accounts and health reimbursement arrangements increased in 2010, average individual account balance fell, according a report released on Tuesday by the Employee Benefit Research Institute.

Donors gave to Fidelity’s donor-advised fund in record numbers in 2010 - a sign of the critical role donor-advised funds are playing in charitable giving.

On Monday Vanguard released a new research paper —“2011 U.S. economic outlook: Cautious Optimism”—by economist Joseph H. Davis and his Investment Strategy Group, which points to a stronger-than-expected economic recovery in the second half of 2011.

With wealthy under-50 investors making up 29% of total affluent investors in the United States – and growing - the big question for wealth management firms is how to gain more wallet-share from this critical client segment.

While internal fraud increases in times of financial turmoil, at the same time executives at financial services firms are increasing the technology they deploy against it. Nonetheless, executives believe internal fraud will only worsen, according to a new report released Monday by the Aite Group.

Managing risk with be the trend in the investment management business in 2011, said Ed Keon, managing director and portfolio manager for Prudential Financial's Quantitative Management Associates, at Prudential’s 2011 Global Economic and Retirement Outlook briefing.

Americans may be paying off more of their debt and saving more, but almost three-quarters plan to spend at least some of the Social Security tax cut they expect to receive, according to the monthly RBC Consumer Outlook Index, which was released on Thursday.

Baby boomers are happy about everything – except for retirement, according to a new TD Waterhouse poll.

Lesbian, gay, bisexual and transgender individuals who need financial advice now know who they can trust with their wealth management and fiduciary needs – Northern Trust.

The good news for this year, Doll’ said, is that consumer and investor confidence levels will improve, the growth outlook will accelerate, and deflationary credit risks will shrink.

Keefe, Bruyette & Woods predicts slow growth in the United States this year.

It’s unclear whether stricter financial regulatory guidelines will prevent another global meltdown, but it seems that in the short run investors’ claims against financial advisors are being taken more seriously.

Despite strong holiday sales, Americans were slightly more pessimistic about the economy in December than they were in November.

In December, advisor confidence in the U.S. economy and stock market reached its highest mark since February 2007, according to the Advisor Confidence Index, a benchmark that gauges advisor views, which was released on Monday.

Women’s earnings are expected to recover more quickly than men’s, according to a BofA research note. With women controlling the walletshare of most households, a recovery in consumer spending, which makes up about 70% of GDP, will depend on women.

The Hartford Financial Group announced on Tuesday that it will sell its third party claims administrators to Sedgwick Claims Management Services for $278 million in cash in order to focus on its core protection and wealth management businesses.