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Legg Mason has added John Murphy and John Myers to its Board of Directors, effective immediately. Murphy was appointed to the Audit and Compensation Committees and Myers was appointed to the Nominating & Corporate Governance and Risk Committees.

Payden & Rygel is looking to tap into the broker dealer channel with a new partnership.

Is Legg Mason leaning towards making a run at private equity?

The financial services industry has one of the hardest glass ceilings for women to break through according to a recent survey from Edward Jones.

A new survey by Ceres, an advocate for sustainability leadership, gives a pat on the back to three fund companies for supporting the majority of shareholder resolutions filed with companies on climate change and a slap on the hand to six others for not supporting a single resolution.

Raymond James Financial Services adds a veteran advisor and two team members are reunited.

Advisors with growing practices quickly realize that it’s helpful to pass as many tasks to a strong support team. Ken Haman offers some practical insights and suggestions for how you can more efficiently develop a great support team and then manage their focus on deliverables.

Genworth Financial Inc. said it is eliminating 400 jobs as Chief Executive Officer Thomas McInerney seeks to counter the pressure from low interest rates.

Advisors are wary of BNY Mellon's plan to provide private banking services to RIAs.

Could cyberattacks bring down the U.S. financial network? Not only is it possible, it’s already happened to major contributing institutions. Tim McSherry write that, while the motivation behind these attacks are intriguing, what to do about them is more important to address.

Although many in the industry have tipped active exchange-traded funds as the breakthrough product of 2013, this may be wishful thinking, according to a new study by Cerulli Associates.

Separately managed accounts and alternative funds are poised for growth and fund firms need to be on top of their social media game to participate in the growing mutual fund space, according to a new report by Curian Capital.

Exchange-traded funds gathered record net inflows of $107 billion through the end of May 2013, which is 31% higher than the $82 billion in net flows at this time in 2012, according to data from ETGI.

The Securities and Exchange Commission's long-awaited proposal to reform the money market mutual fund industry has left observers wondering whether the agency compromised too much in an effort to get a plan out the door.

With the multitude of challenges confronting investors today, consumers need financial advice more than ever before. But advisors must first capture their attention and engage them. Steve Dowden says advisors need to build a platform to shout their message from.

John Hancock has implemented new breakpoints for three mutual funds, effective June 1.

Stifel nabbed two UBS advisors and opened a new office in Tampa, Fla.

Total estimated inflows to long-term mutual funds were $1.48 billion for the week ended Wednesday, May 29, according to the Investment Company Institute.

Shannon Kennedy, a 26-year veteran of Northern Trust, was appointed to a new post as regional president for Orange and San Diego counties in Southern California.

UBS Wealth Management Americas has picked up a financial advisor from regional wealth management firm Hilliard Lyons with $475 million in assets under management.