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A recent study conducted by Bill Fearnley, Jr., for Celent, a research and consulting firm that focuses on the use of information technology in the financial services industry, found that apps are gaining momentum in the sector.

The Securities and Exchange Commission issued its long-anticipated proposal for reforms to stabilize money market mutual funds and protect investors from the type of run that brought the sector to the brink of collapse at the height of the financial crisis in 2008.

The Securities and Exchange Commission on Wednesday unanimously agreed to propose reforms for money market funds to make them less susceptible to runs, such as those that occurred in 2008 when Reserve Primary Fund "broke the buck" and investors pulled $300 billion from other prime money market funds.

Separately managed accounts and alternative funds are poised for growth and fund firms need to be on top of their social media game to participate in the growing mutual fund space, according to a new report by Curian Capital.

Although many in the industry have tipped active exchange-traded funds as the breakthrough product of 2013, this may be wishful thinking, according to a new study by Cerulli Associates.

When advisors are ready to transition to a new custodian or broker-dealer, how do they transfer and seamlessly integrate client records into the new firm’s system?

Morgan Stanley Wealth Management has tapped rival wirehouses UBS and Wells Fargo for four advisor hiress with $475 million in client assets under management and $4.5 million in production.

Art Tambaro, president and CEO of Royal Alliance Associates, (left) one of four independent broker-dealers owned by AIG’s Advisor Group, will retire at the end of the year. He will be replaced by Dmitry Goldin, a member of Royal’s senior leadership team for the last decade.

After more than four years with LPL, veteran independent broker-dealer marketing executive Marissa Fox Foley has joined First Allied Securities in a newly created role as senior managing director of marketing.

In a low-growth market, aggressive banks are seeking to grow by poaching top performers from rivals. There are effective ways to keep top talent on board.