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With the risk of a second downturn in the U.S. economy rising and debt problems continuing to plague Europe, many investors are shunning the equities market altogether. Meanwhile, the rush to safety in fixed-income investments has driven yields down to “incredibly low” levels, according to analysts.

Celebrities are not the only ones to make mistakes with their estate planning. It happens to people all across the country on a regular basis. According to legacy expert attorneys Andy and Danielle Mayoras, one of the most common estate planning mistakes that people make is joint ownership.

Citi Private Bank has hired Daniel Batista from JPMorgan Chase & Co. as a managing director and ultra high net worth banker.

The Financial Planning Association kicks off its annual conference, Experience 2011 Thursday and industry professionals are sure to walk away with boomers and transformation on their minds.

While 52% of registered investment advisors say a double-dip recession in the next six month is unlikely, their clients are nonetheless looking to reduce expense, cut back on discretionary spending and making more conservative investment choices, according to Charles Schwab’s 10th semi-annual Independent Outlook Study released Wednesday.

Investment Technology Group said it is adding Japanese stocks to its POSIT dark pool. The agency broker and financial technology developer said it expected strong demand for its "liquidity aggregation" platform in Japan, following launches in Hong Kong and Australia.

Nasdaq OMX Group will be allowing institutions and other securities firms to stipulate a minimum quantity of shares that they are willing to trade on one of its exchanges.

Recent market volatility has put risk management and the work of chief risk officers at the forefront of fund management, according to Joseph A. Carrier, chief risk officer at Legg Mason.

Analysts at Standard & Poor's are looking to exchange-traded funds rooted in individual countries as a vehicle for advisors and their clients to compensate for sustained weakness in the U.S. economy.

The transmission of market data messages hit a new peak of 6.1 million messages a second Monday, as financial markets whipsawed in reaction to "news and rumors about the debt crisis in the Euro zone,'' Exegy said Tuesday.