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As investing in alternatives such as real estate, private equity funds, hedge fund strategies and commodities grow in popularity, the way these are being used by institutions and investment advisors is changing.

Can it possibly be? Technology stocks are paying the most dividends?

In a nod to the competitive pricing pressure roiling the financial services industry, Advisor Group, one of the largest independent broker-dealer networks in the nation, has eliminated, or drastically reduced, the mutual fund fees it was charging to clients of its financial advisors.

The pullout from domestic stock funds continued last week, to the tune of $3.7 billion. But bond funds got another big influx.

Former E-Trade general counsel Russell Elmer has joined the Lending Club as the online lending platform's deputy general counsel.

While neither Obama nor Romney favors a megabank breakup, delegates at both the GOP and Democratic conventions indicated broad bipartisan support.

Stephen Luparello, vice chairman at the Financial Industry Regulatory Authority, is leaving after more than 16 years to take a job at a Washington law firm, the brokerage industry's self-regulator said in a statement.

Pimco's Gross says investors face an "age of inflation, which typically provides a headwind, not a tailwind, to securities prices -- both stocks and bonds."

The Dow Jones Industrial Average moved up 11.54 points Wednesday to finish at 13,047.48 while the Nasdaq and S&P 500 fell 5.79 points and 1.50 points, respectively.

The pullout from domestic stock funds continued last week, to the tune of $3.7 billion. But bond funds got another big influx.