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Pershing has added a range of comparative analysis tools to its Advisor in Transition practice.

Assets held in domestic exchange-traded funds increased 28% last year to $994.7 billion.

Vanguard took in an astounding $84.8 billion in inflows, the company announced Tuesday. Investors placed $58.3 billion into Vanguard’s stock and bond funds, $39.2 billion into its exchange-traded funds, and withdrew $12.7 billion from its money market funds.

Fidelity Investments on Wednesday announced a new unified managed account for high-net-worth investors, the Fidelity Personalized Portfolios, which provides daily tax analysis.

Credit Suisse Securities will begin operating a new stock market aimed at mutual funds and other long-term investors that it will call the Light Pool.

The Securities and Exchange Commission charged Charles Schwab with making misleading statements about its Schwab YieldPlus Fund. Schwab agreed to pay $118 million to settle the charges.

It may turn out to be a glass-half-full kind of year, after all.

The economic crisis has brought personal finance front and center, for Americans as well as others throughout the world, the ING Retirement Institute Research Institute found.

The Conference Board Measure of CEO Confidence rallied to 62 in the fourth quarter, up from 50 in the third quarter.

As the economy continues to improve and research and consulting for asset management firms at kasina grows, the firm has hired three new professionals.

Four out of five organizations that currently include money market funds in their short-term investment portfolios would drop them if a floating net asset value were to become a reality, according to a survey by the Association for Financial Professionals.

The Independent Directors Council on Tuesday urged regulators to preserve the $1 net asset value of money market funds, saying a floating NAV would not reduce systemic risk in any meaningful way.

In 2008, Oxford University Press published the first history of mutual funds, THE RISE OF MUTUAL FUNDS: AN INSIDER’S VIEW, by Matthew P. Fink, former president of the Investment Company Institute. Oxford has just published a new paperback edition, updated to cover the 2008 financial crisis and its impact on mutual funds. The following is the Preface to the new edition.

Fidelity announced Monday that the lifetime income variable annuity that it offers through MetLife, the MetLife Growth and Guaranteed Income annuity, has attracted more than $1 billion in sales since it was first offered a year ago.

Older Americans are worried about numerous factors affecting their financial security and, thus, are very skeptical of financial planners who say they are building portfolios for them to mitigate risk, research by Hearts & Wallets found through nine focus groups across the country.

NEW YORK-The U.S. economy will muddle through even as domestic stocks rake in double-digit percentage returns for the third straight year, said Robert C. Doll, the chief equity strategist for fundamental equities at BlackRock, in a breakfast briefing in New York Tuesday.

Equity funds delivered 16.57% in 2010, with more than one-third of the gains, 6.43%, coming in during the last five weeks of the year, Lipper said.

Wall Street may not exactly be on a roll, but at least it's beginning to rumble.

It was a mutual fund complex whose trading tactic, unintentionally, triggered the Flash Crash, according to federal regulators. These same regulators-the Securities and Exchange Commission and the Commodity Futures Trading Commission-are now going about scores of rule-making procedures, to implement the edicts of the Dodd-Frank Wall Street Reform Act and its call for transparency in operations.

The mutual fund industry typically focuses on weekly and monthly fund flow figures.