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Richard Weil, chief executive officer at Janus Capital Group had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.

Memphis, TN-based SouthernSun Asset Management is closing its SouthernSun Small Cap Fund (SSSFX) to new investors on May 17, according to a regulatory filing.

RBC Wealth Management added a branch manager with three decades of experience to its Denver Tech office.

Mutual fund investors rolled some $2.0 billion into equity mutual funds for the week ended April 10, according to Jeff Tjornehoj, Head of Americas Research at Lipper, who said that: “Lest anyone get too excited about the inflows, they were the lightest weekly net sales of this year.”

Wells Fargo’s wealth, brokerage and retirement business units earned $337 million in the first quarter of 2013, up 14% from last year.

A well-planned gathering can help your firm develop client relationships and strengthen ties with strategic partners.

David Lamere, the highly-regarded wealth management executive who most recently was CEO of BNY Mellon Wealth Management, has resurfaced at Fidelity.

Envestnet announced Friday it has entered into a definitive agreement to buy the wealth management solutions arm of Prudential Investments in an effort to increase scale.

Money market assets fell $8.9 billion to $2.6 trillion for the week ended April 10, according to Investment Company Institute data.

After Fidelity warned that a fiduciary standard could have harmful ramifications, one reader has responded that "Wall Street is unleashing its attack dogs" to try to stop important new guidelines.