Practice

Financial Planning Senior Editor Donna Mitchell says there are a litany of business models and management options available outside the structured walls of wirehouse firms.

Great Bend, K.S.-based CPI Qualified Plan Consultants, a third-party admnistrator for retirement plans, has named 25-year veteran Jon Prescott as its president.

CME Group said it will start offering “one-pot” margining of positions in interest-rate swaps and futures, beginning May 7.

Investment education company FiPath has hired Michael Turgeon as managing director of Advisor Services. His primary responsibility will be launching enterprise sales and marketing initiatives for the company’s marketing tool for financial advisors, FiPath for Advisors.

San Francisco, Calif-based Forward Management, LLC today unveiled its latest offering, the Forward Managed Futures Strategy Fund, a systematic, trend-following vehicle that will bet long and short exposure on liquid futures contracts in commodities, equities, bonds and currencies.

Clients of RidgeWorth Investments will now be able to access a variety of functions and data from their investment accounts thanks to a new application available for the iPad.

So you want to tap into the global markets and find new opportunities for growth? But before you do that, you need to get re-acquainted with the new IRS requirements for reporting the basis of the cost you ascribe to a security or fund you purchase.

Nearly one out of four pension plan participants invest solely in target-date funds, according to new research released from The Vanguard Group—a six-fold increase over the past five years. Further, adoption of these funds among new plan participants is even higher, with 64% of employees entering plan for the first time with a single target-date fund.

So you want to tap into the global markets and find new opportunities for growth?

Securities regulators charged two Ameriprise Financial advisors and three others with insider-trading, saying they made $1.8 million in illicit profits based on confidential merger information one of the advisors learned through an Alcoholics Anonymous relationship.