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Principal Global Investors is betting big on alternatives.

Russell Investments, which advises funds with $2.4 trillion in assets, will reclassify Greece to an emerging from a developed market, an unprecedented step taken after a recession reduced the nation’s economy by 20%.

Only 10% of Boomers have discussed the topic with their children and only 6% with their parents. Less than half (45%) have discussed it with their spouses and only 23% with their financial advisors.

Paul Schaeffer, managing director, Strategy & Thought Leadership, at alternative mutual fund shop Forward, is calling it quits after more than two years on the job, Money Management Executive has learned.

Large companies will get larger and smaller firms will be acquired, but consolidation and growth of large RIAs is not necessarily a bad thing.

Regulators levied a $750,000 fine on Ameriprise for alleged wire transfer fraud committed by one of its brokers in 2010.

When it comes to social media, advisors shouldn't try using every platform all at once. Instead, start with just one -- whether Facebook, LinkedIn, or Twitter.

Anne Copeland, an executive vice president of the bank’s Wealth Management Group since April 2012, will lead Regions’ efforts to provide banking, trust, and investment management services to affluent and high-net-worth individuals.

Continued demand for equity exchange-traded products booted ETP flows $47.1 billion, the strongest two-month total on record, according to BlackRock’s latest ETP Landscape Snapshot.

LPL is launching a new online tool that it says will let its advisors offer offer better visibility to plan sponsors and the millions of LPL clients who are invested in 401(k)s.