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Vanguard Funds' Chief Investment Officer George "Gus" Sauter is finishing up a quarter century with the giant investment company.

From New York and Chicago to London and Hong Kong, there are plenty of locations to launch a new financial firm. But where should aspiring entrepreneurs begin?

Do you know a branch manager who deserves recognition for a job well done? On Wall Street and sponsor New York Life/MainStay Investments are now accepting nominations for the annual branch manager awards honoring the best leaders in the wirehouse and regional wealth management firms.

Ownership of 401(k)-type plans among families participating in an employer's retirement plan more than doubled, from 31.6% in 1992 to 79.5% in 2007. Three years later, during the financial crisis, 401(k) ownership continued to increase.

CharlesSchwab is letting its pricing do the talking in selling exchange-traded funds.

David Rubenstein, co-founder of the buyout firm Carlyle Group LP, said ordinary savers may someday be able to invest with firms like his, a business that so far has been limited to wealthy individuals and institutions.

Some planners, especially those with established practices, may not think it's worth it to cultivate Generation Y clients because they are young. But, a new white paper suggests, that the ramp-up years may be the perfect time to build a new Gen Y clientele.

Two suspects, Jay Jeffrey Nieto and Wilmer Cadiz, were arrested after a tip led investigators to the $10 million booty stolen from the home of Jeffrey Gundlach, chief executive officer of DoubleLine Capital, the Los Angeles Times reports.

Bank of America said Friday it would pay $2.43 billion to settle a shareholder lawsuit over its purchase of Merrill Lynch, in an expensive effort to resolve one of many problems it faces from the financial crisis.

Most advisors are accustomed to the idea that, for the sake of growth and development, it's important to think of their practice as a business. But, many forget that this makes them the CEO and requires a particular mindset.