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Independent wealth management firm Gresham Partners hopes that Bonaguidi’s experience and contacts within the company will enhance their wealth planning strategies.

The deal is the latest in a string of acquisitions by large firms adding smaller specialists in due diligence and unified managed account strategies.

A boost in United States and global equity markets led in January to a 1.7% increase in the funded status of the typical U.S. corporate pension plan, according to a newly released report from BNY Mellon Asset Management.

S&P Capital IQ said it acquired R2 Financial Technologies, a Toronto-based developer of risk and scenario analysis software.

LCH.Clearnet Group said its operating profit increased 81 percent in 2011, to 106.9 million euros. Underlying operating profit was 335.0 million in 2010.

The Department of Justice announced that it filed a notice with the U.S. District Court for the District of Columbia to dismiss its antitrust lawsuit regarding the potential merger of Deutsche Boerse AG and NYSE Euronext.

The global effort by the U.S. government to catch American tax cheats intensified this week as France, Germany, Italy, Spain and the United Kingdom agreed to support a broad new U.S. law requiring foreign financial institutions to disclose information about the foreign bank accounts of U.S. citizens.

Only 20 years ago, more than half of all American workers said they were on track to retire before they reached the age of 65. Today, only about 23% of Americans say they’ll be able to retire by that age. Here are the seven largest obstacles standing between your clients and an early retirement.

The Dow Jones Industrial Average fought its way to a 6.51-point gain Thursday, raising the index to its highest level since May 2008 at 12,890.46.

Thanks to this strong yearly start in stocks, the typical plan’s funded status reached 74.1%, according to BNY Mellon Asset Management.