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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.

London-based Northill Capital has agreed to buy a majority interest in Riverbridge Partners, a Minneapolis-based specialist investment manager of small, mid and large cap US equity growth portfolios for institutional and high net worth investors.

Seven advisors have joined Baird’s wealth management group in Texas, Maryland and Nebraska in a late summer round of recruiting.

Wells Fargo & Co., the biggest U.S. home lender, is restructuring sales and trading operations to form a new markets division at its investment bank as the firm challenges more established Wall Street rivals.

The fast-growing PIMCO Total Return ETF (BOND) hit yet another milestone last week in crossing the $3 billion mark in assets, Morningstar reports.

Sheila Bair, former chairman of the FDIC, said Vikram Pandit's departure as CEO of Citigroup was a "very positive move and the board discharged its responsibilities and I think they should be commended."

Everyone has deeply personal emotions, ties, commitments to political parties, religions, lifestyles, sports teams, etc. that we all judge, right or wrong. Ned Van Riper says advisors have to be cautious about what they say (and display) so as not to offend a potential client.

MFS Investment Management has expanded its Defined Contribution Investments Only specialist sales team from seven to nine, with the addition of new positions in the Mid-West and Southeast.

U.S. Bank hired Joe Weidenbach as Chicago market leader for The Private Client Reserve, the bank’s high-net-worth wealth management business.

When Kevin Keller took helm of the CFP Board in 2007, the organization was facing a crisis of confidence among many planners throughout the industry. Five years later, he's led a resurgence. In a one-on-one interview, he discusses how far the organization has come, where it's going, and how it plans to further the professional stature of the financial-planning industry.