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It’s official: The Senate on Monday confirmed former federal prosecutor Mary Jo White as the new head of the Securities and Exchange Commission, Reuter reports.

Beacon Pointe is actively looking for more advisory firms with a CPA tie-in as it plots an expansion strategy of reaching 35 to 40 offices around the country in the next 10 years, Cooper says.

Mirae Asset Global Investments (USA) has added three hires to its sales and distribution team.

Stories about advisors cheating their clients are far from rare, and therefore, advisors must do a better job at educating and appeasing concerns, says Daniel Bernstein, director of research and development of MarketCounsel, a so-called advisor for advisors.

Asset managers will be wise to adopt social media into their repertoire if they haven’t done so already, according to a new survey from American Century Investments.

Global exchange-traded funds and exchange-traded products continued their asset gathering in Q1, led by equity products, with record global net inflows of $73.4 billion, according to ETFGI’s Global ETF and ETP industry insights report for Q1.

Focusing on a client niche can boost a planning practice. Among high-performing firms with a target client profile, just 3% pursue opportunities outside of that profile (versus 11% for all other firms surveyed), according to the 2012 Fidelity RIA Benchmarking Study.

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

Rafferty Asset Management, advisor to Direxion Funds and Direxion Shares, has hired a chief operating officer and president.

A rebranding of the businesses is likely, Benevides told Financial Planning, as he “actively works” to unify the UHNW group. “It makes sense,” he said. “We’re one team and we want to leverage the strength each unit brings to the table in a way that gives us greater depth in all categories.”

Asset managers are constantly looking for new ways to gather assets for their firms.

If the long-term care market is “broken,” why are some experts calling this year the year to buy the product?

Before you can begin tailoring your approach to working with women, you first need to understand some of the attributes that make them uniquely different from male clients. Blogger Laura Kogen examines five key differences in how men and women communicate, relate interpersonally, learn, are hardwired, and view wealth.

Total money market mutual fund assets increased by $2.61 billion to $2.631 trillion for the week ended Wednesday, April 3, according to the Investment Company Institute.

The $8.7 billion Vanguard Capital Opportunity Fund (VHCOX) is now open to individual investors for the first time since 2004 and its $25,000 annual contribution limit for individual investors has been removed.

USAA, the financial services company that caters to U.S. Armed Forces and State Department personnel and their families, wants to launch active exchange traded funds

Target-date funds have grown phenomenally in the past five years from virtually no assets in 2007 to about $1 trillion today.

Bill Gross' PIMCO Total Return Fund (PTTRX), the world's largest mutual fund, attracted $32 million in investor deposits in March, the lowest amount since December 2011.

Private equity firms are making it known that they, too, want to pull in retail investors' money just as much as do their hedge fund counterparts.

Mutual fund shops take heed. PIMCO's 2013 Defined Contribution Consulting Support and Trends Survey sheds light on how consultants are helping their plan sponsor clients design their plans around target-date and retirement income products.