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Reversing a trend of outflows, tax-exempt money market funds raked in $3.33 billion to end the week of May 9 with $309.95 billion in total net assets, according to the Money Fund Report, a service of iMoneyNet.com.

A two-hour Senate Banking Committee hearing Thursday touched on virtually every major financial services topic under the sun but resolved little.

New research by Novantas LLC, Forrester Research and others adds weight to an idea being kicked around in the industry: that mobile may have its limits as a way to entice tech-savvy customers, reduce branch use and cut costs.

The time and energy that the advisor focuses on the client produces far more terminal wealth for that client than anything you can get from the traditional investment management services.

Plans to target advisors with agreement to buy provider of web-based portfolio management and reporting platforms.

Sluggish retail sales and rising gas prices took their toll on Americans' spending last month and the number of new applications for jobless benefits decreased at a slower pace than expected.

Investors often make the mistake of exposing themselves to too much risk in their portfolios or failing to take on enough risk for their investment timeline. Here are a couple of large-cap funds that might represent a happy and profitable compromise.

BOSTON - In today’s turbulent world, there will be plenty of investment opportunities, but also plenty of risk.

Market research firm TNS’ Investor Confidence Index, based on an early April survey of 1,551 adults with investable assets of $500,000 or more on their expectations for the next six months, declined to 113 from 119 in January.