Steve Garmhausen

The recent spate of bad news for four major banks could eventually yield a new crop of breakaway brokers, according to an attorney who specializes in helping wirehouse advisors go the independent route.

Individual investors are buying exchange-traded funds at a fast pace, even though many don’t fully understand them, according to a survey from Charles Schwab.

Fidelity Investments racked up defined contribution commitments in the first half of the year totaling 315,000 participants, 269 plans and $17 billion in assets under administration, the company says.

Planning to maximize Social Security benefits is becoming a service that clients expect advisors to provide, according to a new survey from a Nebraska-based software provider.

Almost three years after Bernie Madoff's arrest for orchestrating the most destructive Ponzi scheme in history, financial advisors are still living with the ramifications.

August’s mutual fund outflows reflected investors’ jittery mood, with money pouring out of most investment categories.

Upping the ante in advisory firms’ technology integration battles, TD Ameritrade is touting an “open platform” as a differentiator ahead of an October launch of its Salesforce product for advisors.

Krusen Capital Management, investment advisor to a hedge-fund platform, has added Boston-based Windham Capital Management to its roster of hedge fund and private-equity managers.

A new white paper on managed futures mutual funds takes aim at Standard & Poor’s Diversified Trends Indicator, a strategy tracked by many asset managers using a passive investment approach.

Fidelity Investments’ RIA custodian business has announced a new tool, Technology Investment Evaluator, to help advisors run their businesses more efficiently.

Charles Schwab Advisor Services announced a new business, Schwab Intelligent Technologies, marking a milestone in the company’s initiative to deliver integration solutions for registered investment advisors.

Investors have flocked to exchange-traded funds and exchange-traded notes through the first eight months of the year. Year-to-date through August, net cash inflows were $73.2 billion, a 54% increase over the same period in 2010, according to data from National Stock Exchange, Inc.

A New York-based advisory firm is going after the professional athlete market with an All-Star business development team: A former NFL quarterback, a pro golfer and a sports entertainment legend.

linkedFA, a social networking site for financial advisors and professionals, has boosted its content offerings thanks to a deal with press release distributor Businesswire.

The vast majority of retail advisors now use alternative products or strategies for their clients -- but that number is a bit misleading, a new study finds.

It may be true that past performance doesn’t guarantee future results, but a long track record may play well with investors during these tumultuous times. And that’s exactly what some prominent blended funds bring to the table.

Cerulli Associates has delivered a huge estimate of the size of the family-office market, along with a call for asset managers to treat it as a standalone distribution channel.

Hurricane Irene is expected to make landfall Saturday in coastal North Carolina. The storm is shaping up to be the strongest to hit the East Coast in 20 years, and financial firms are scrambling to minimize the impact on their technology and operations. Here's what you and your firm need to know and do to prepare for Irene's wrath.

Annuities sold at a brisk pace in the second quarter, setting the stage for a record year of sales, according to the Insured Retirement Institute.

Moody’s downgrade of Japanese debt Wednesday was bad news for the country, but it could present a stock buying opportunity, according to Adam Patti, CEO of IndexIQ.