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On April 25, 2012, Morningstar reported that target maturity funds reached $429 billion in AUM.

Bank of America, Wells Fargo, JPMorgan Chase and BB&T will still be standing a decade from now, BB&T CEO Kelly King says. His list omits a number of other prominent players, including Citigroup.

Making good on its promise to bulk up in asset management, City National Bank in Los Angeles announced Wednesday that it is buying Rochdale Investment Management in New York and combining it with its asset management subsidiary.

When Savant Capital Management, a $2.2 billion registered investment advisory firm, and The Monitor Group, a $500 million RIA, announced earlier this week that they were planning to merge, many industry pundits were left scratching their heads. Why were two reasonably successful RIAs merging?

In a move expected to draw the ire of some advisors, House Financial Services Committee Chairman Spencer Bachus (R-Ala) introduced legislation in the house Wednesday that could clear the way for FINRA to become the self-regulatory organization for retail investment advisors.

On April 25, E&Y hired an ex-Fidelity executive.

On April 24, Wells Fargo Advisor's chief executive shared some of his thoughts on the problems plaguing the financial services space,

As politicians focus on the upcoming elections in November, there is a looming fiscal cliff that the U.S. could fall off in December, Potomac Research Group Chief Political Strategist Gregory R. Valliere predicts.

On April 25, 2012, Market Vectors new ETF tracks companies with unbeatable 20-year advantages, called moats.

Ignore the rhetoric from both sides on the issue. The odds that the business lending bill will be enacted this year are significantly slimmer than they were just last week.