Money Management Executive Latest News

Pershing has added a range of comparative analysis tools to its Advisor in Transition practice.

Assets held in domestic exchange-traded funds increased 28% last year to $994.7 billion.

Vanguard took in an astounding $84.8 billion in inflows, the company announced Tuesday. Investors placed $58.3 billion into Vanguard’s stock and bond funds, $39.2 billion into its exchange-traded funds, and withdrew $12.7 billion from its money market funds.

Fidelity Investments on Wednesday announced a new unified managed account for high-net-worth investors, the Fidelity Personalized Portfolios, which provides daily tax analysis.

Credit Suisse Securities will begin operating a new stock market aimed at mutual funds and other long-term investors that it will call the Light Pool.

The Securities and Exchange Commission charged Charles Schwab with making misleading statements about its Schwab YieldPlus Fund. Schwab agreed to pay $118 million to settle the charges.

It may turn out to be a glass-half-full kind of year, after all.

The economic crisis has brought personal finance front and center, for Americans as well as others throughout the world, the ING Retirement Institute Research Institute found.

The Conference Board Measure of CEO Confidence rallied to 62 in the fourth quarter, up from 50 in the third quarter.

As the economy continues to improve and research and consulting for asset management firms at kasina grows, the firm has hired three new professionals.