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UBS Financial Services has picked up three financial advisors from Morgan Stanley in Arizona and Indiana who managed $467 million in client assets.

A former Financial Industry Regulatory Authority employee filed a whistle-blower suit in federal court, claiming he was fired after detecting a flaw in a Finra’s risk-rating system that allowed large broker-dealers to be over-leveraged.

Bank of America Corp.’s $2.4 billion settlement with investors who lost money as a result of the bank’s acquisition of Merrill Lynch & Co. was approved by a federal judge.

Attention! San Antonio, Texas-based 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

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.

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.

Westwood Holdings Group has launched three funds focused on global and emerging market equities: Westwood Emerging Markets Fund (WWEMX, WWEAX), Westwood Global Equity Fund (WWGEX) and Westwood Global Dividend Fund (WWGDX).

Brown Brothers Harriman & Co. has launched the BBH Global Core Select Fund (BBGNX and BBGRX), a successor to the BBH private investment partnership, BBH Global Funds, LLC – Global Core Select, which launched on April 2, 2012.

A bout of forgetfulness may be a classic sign of aging, or it could point to more serious health problems, such as Alzheimer’s.

For the third consecutive week ended April 3, equity exchange-traded funds experienced net outflows, losing some $800 million, while their conventional mutual fund brethren took in $3.0 billion—for their thirteenth consecutive week of net inflows (bringing their year-to-date total to +$78.9 billion), according to data from Lipper.

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

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.

Those who do use advisors are scrutinizing the guidance they get and realizing that true value is more than just investment returns.

Your IRA Expert answers the question of how the executor of a will can pay off debt with an inherited IRA.

Cetera Financial Group is growing again. The broker-dealer network has signed a definitive agreement to acquire Tower Square Securities and Walnut Street Securities from MetLife.

Financial advisors with clients who have been awarded pension rights in a divorce should follow up to see if the proper procedures to claim those rights have been followed; if not, advisors should urge immediate action.

Muni bond mutual fund flows, which are viewed by many as a proxy for demand, recorded outflows for the week ending April 3, Lipper FMI numbers showed.

Pimco's 13-month-old exchange-traded fund is attracting more cash than the firm’s flagship Total Return mutual fund as investors join Bill Gross in preferring ETFs for bond investing.

Goldman Sachs Group Inc., the fifth- largest U.S. bank by assets, said Stephen Friedman will retire from its board of directors on May 22.

Amazon.com is the type of stock that most growth managers have loved the past several years.