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Flexibility, the ability to customize one’s practice and the entrepreneurial nature of being an advisor make the financial planning profession a great career for women, according to participants of a roundtable discussion held by Guardian Life Insurance.

The liquidation of boomers' assets will be the biggest opportunity for advisors over the course of the next 20 years, according to Tiburon's Chip Roame. Advisors just need to get past the bad attitudes.

Natixis Global Asset Management has agreed to buy McDonnell Investment Management, an Oak Brook, Illinois-based investment advisor with some $13.5 billion in assets under management for institutions and individuals.

Janney’s 32nd hire in their private client group this year, George Keith will be complex manager in Darien, Conn.

The bank’s wealth management division had been going through its own changes already, and most observers believe it is on a good track.

In the latest move in the ETF pricing war, BlackRock unveiled a series of cost-cutting initiatives aimed, almost directly, at rival Vanguard, which last week enacted some price-saving moves of its own.

Forward has added a global healthcare team to its ranks and plans to offer a long/short equity strategy investing globally across all healthcare sectors and market capitalizations, in early 2013.

John Hancock has made its recently renamed "Retirement Choices At" series of target date funds available to retirement plan sponsors.

With an eye toward the future and likely also toward steering the Facebook generation toward its own website, Fidelity Investments launched a new app for Facebook, called FutureTimeline, which allows users to set long-term financial goals and track their savings toward shorter-term goals, like vacations or buying a new car.

The Social Security Administration announced a 1.7% cost-of-living adjustment for 2013. That adjustment will also cause an increase in the maximum amount of earnings subject to Social Security tax.