News Feed

Reliance Trust, a wealth management trust and services firm based in Atlanta with $87 billion in AUM, has appointed Richard F. Curcio and Ward Curtis to its board of directors.

A new rule proposed by FINRA to help carrying and clearing firms transfer customer accounts if they go bust will be too cumbersome and costly to follow.

Market volatility is pushing fund managers to look for robust investment risk management systems, says a report from financial consultancy Celent.

Even in the digital age, nothing beats the “see the people” approach. This week, marketing expert Marie Swift shares two advisor success stories and how they are automating the referral process and supplementing their in-person communications with new media.

The IRI said the nation’s insurance regulatory system needs to be modernized – and insurance products, most notably annuities and other insured retirement income products – need to be made available to underserved populations.

U.S. stocks closed mixed Friday, wrapping up a forgettable week that featured a lot of anxiety about the goings-on in Europe and a better-than-expected jobs report.

The Insured Retirement Institute Friday responded to the Federal Insurance Office’s request for comment on how to modernize insurance regulation in the U.S.

Morningstar has announced its five nominees for the Morningstar Domestic Stock Fund Manager of the Year Award. The 2011 nominees are:

William Blair Funds has introduced the William Blair Small-Mid Cap Value Fund, aimed at delivering long-term capital appreciation and portfolio diversification by taking moderate risk.

The $241 billion PIMCO Total Return, which has underperformed its peers over the past year -- returning 3.48% year to date -- has been hit with $17 billion in outflows, Morningstar data shows. By comparison, taxable bond funds, which are up 5.87% YTD, took in $105.8 billion in inflows over the past 12 months.