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Registered investment advisors expect to see increased usage of ETFs in client portfolios, while aversion to risk remains high, according to results of Invesco's RIA Market Research Study.

Northern Trust, the nation's third-largest custody bank, said Wednesday that its third-quarter profit rose 4.9% from the same period last year, to $178.8 million, as improved asset quality and strong fee-income growth more than offset dips in interest income and foreign-exchange income.

The system now provides financial advisors with access to tax tools, account details and trading information.

The industry must work much harder to restore its reputation after this year's scandals, HSBC USA CEO Irene Dorner said Tuesday, in a speech that was part rally and part reprimand to bankers.

Compared to other types of advisors, 40% of wealthy investors in that range were likely to choose a full services brokerage (such as a wirehouse or regional broker-dealer) over another advisor such as an RIA or accountant.

Macroeconomic factors like advances in technology and global population growth, not to mention market volatility and investor fear, are accelerating the need for financial advice said Marty Flanagan, president and CEO of Invesco, at the Money Management Institute 2012 Fall Solutions Conference on Wednesday.

As you navigate your way around the future of mobile technology, there are signposts that you must be aware of so as not to make a wrong turn and end up in a perilous situation. Here are four things advisors should watch out for to make the most out of mobile technology.

Outflows from U.S. stock funds decelerated last week to $2.3 billion; bonds more than make up the loss.

Cantor Fitzgerald, a New York global financial services firm, announced Wednesday it hired Theresa Mozzocci as head of marketing and sales for its investment advisory arm.

Ask a room full of financial advisors if they have thought about business planning, and most will say yes. Ask that same group of advisors if they have actually taken the time to create a written business plan and more importantly, follow it, and the majority of that room will most likely say no.