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The lack of women on corporate boards and in executive suites in the United States is hampering profitability, and investors and investment advisors can do something about it, according to Joe Keefe, President and Chief Executive of Pax World Management and Pax World Funds.

On April 26, 2012, Prudential Retirement has four new plan sponsor clients: Clampitt Paper; the luxury travel agency Virtuoso; Fisher Auto Parts, and Trimac Transportation.

Women are so dedicated to nurturing clients, they often forget to take the time to think about where they are in their careers.

The Philadelphia-based wealth manager hired David Gaskin as chief operating officer to lead its growth strategy.

On April 26, 2012, Asset managers face nine major challenges as they work towards a rebound in 2012, according to a report released by the accounting firm PriceWaterhouseCoopers

According to a Schwab study, 45% of independent advisors are bullish about the market in the six months. However, a second, first-time survey of 504 high-net-worth investors found that only 29% are bullish about the market.

On April 26, 2012, Columbia Management hired the TCW Group to sub-advise one portion of a newly-launched multi-manager bond fund.

LinkedIn is the hands-down preferred mode of social networking for advisors, because it offers plenty of resources to gather client leads and personal privacy.

Wunderlich Securities has added six Equity Capital Markets professionals from Morgan Keegan. Of the new hires, four are located in Wunderlich’s Memphis headquarters while the other two are in the Institutional Sales Department in New York City.

To become the industry’s SRO, FINRA estimates it will cost roughly 15 times less in start-up costs than estimates in a study commissioned by the Financial Planning Coalition, which includes CFP Board, FPA and NAPFA.