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With 30 years industry experience, Robert Bernardin joins Hilliard Lyons as a senior vice president in Indiana.

Have you thought about what you can do in your practice to improve how you operate your business, making sure that this year is a better year than last year? Do you think your practice needs improved focus in order to be more profitable? Chris Kirby has some suggestions that could streamline your business to a “leaner and meaner” more profitable machine.

The move by Vanguard, the nation's third largest manager of ETFs, to change the benchmark on 22 of its index funds and ETFs earlier this month reverberated throughout the indexing industry, placing it squarely on the battlefield as the pricing war between two of the biggest ETF makers rages on.

There are thousands of hedge funds competing in the marketplace. They come in all shapes and sizes, but all too often they approach investors with the same thesis.

Total money market mutual fund assets increased by $5.84 billion to $2.568 trillion for the week ended Wednesday, October 17, according to data from the Investment Company Institute.

Municipal bond mutual funds saw inflows for the 27th consecutive week. Funds that report their flows weekly recorded inflows of $621 million for the week ended Oct. 17.

Bank of America Merrill Lynch has just finished work on a new supply chain finance module for its CashPro Online banking channel for corporate clients.

The acquisition of Rochdale Investment Management helped raise City National Corp.'s third-quarter income 44% from a year earlier to $59.8 million.

Total assets in registered alternative mutual funds and exchange-traded funds are projected to reach $330 billion by year-end 2012—nearly double the $169 billion of assets in 2007. If the industry can raise advisors’ and clients’ comfort level with liquid alternatives, that figure could virtually double again, to $650 billion in 2017, according to a new study by Financial Research Corporation (FRC).

Federal regulators are reviewing banks' growth plans, particularly those that include third-party companies. To avoid excessive scrutiny, industry experts advise banks to proactively discuss such relationships with examiners.