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It all started with Goldman Sachs, which began publishing the daily market value of the assets held in its money market mutual funds in the United States on January 9.

If you thought the path to the mutual fund world is a straight line, then you haven't met John Brandmeyer, who transformed a family business from selling medical products to marketing funds.

For alternative mutual funds, 2012 was a mixed bag.

Normally, high-powered analytical tools for investing or trading in stocks moves the institutional and professional markets, toward the individual investor.

In the fourth quarter of 2012, wealth and investment services earned $7.8 million in non-interest income for the bank, a 36% jump from a year earlier and 9% increase from the previous quarter.

Scout Investments, Inc. today announced that its assets under management surpassed $25 billion earlier this month, compared to 19.7 billion at the end of 2011.

Mutual funds overall may have enjoyed a hot week of flows. But not so for money market mutual funds.

Deutsche financial advisor Jason Zaks, number 23 on the Top 40 Under 40 list, prefers the personal side of investing including handwritten notes to clients.

Hennessy Advisors closed out 2013 with a huge ramp up in assets thanks to its acquisition of funds from FBR Funds.

Morgan Stanley is seeking Federal Reserve approval to buy the remaining 35 percent of its brokerage joint venture with Citigroup Inc. this year.