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Total estimated inflows to long-term mutual funds were $11.85 billion for the week ended Wednesday, March 6, according to the Investment Company Institute.
March 14 -
Total stock and bond mutual fund and ETF assets distributed by independent/regional broker-dealers and registered investment advisors grew at more than twice the rate compared to the wirehouse channel during 2012, according to newly released data from Access Data.
March 14 -
People tend to ignore selfish social media users. Go out of your way to promote others. A little love goes a long way.
March 14 -
Returns may have been good, but revenue growth overall was weak among asset management firms in 2012.
March 14 -
The system isnt falling apart, but clients in their 60s have more personal concerns at heartand you need to be able to answer their questions.
March 14 -
Nationwide Funds Group, the mutual fund business of Nationwide Financial, has added five new wholesalers to its sales team.
March 14 -
A new report on FINRA's 2012 actions suggests the self-regulatory body is getting tougher.
March 14 -
Founded in 2009 aiming to serve women with online budgeting tools and financial advice, LearnVest morphed into a mass-market RIA firm last year and now has its eye on growth.
March 14 -
After hiring 3,597 full-time agents last year, New York Life is raising the ante, with a goal of adding 3,700 reps in 2013. Among the new hires, more than half are expected to be women or individuals who represent the cultural markets, as the company put it, referring specifically to the African-American, Chinese, Hispanic, Korean, South Asian, and Vietnamese communities.
March 14 -
From future predictions to fee inquiries: Here are a few inquiries that aggravate financial advisors the most.
March 14
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According to a new Franklin Templeton Investments survey, 73% of respondents reported they find thinking about retirement saving and investing causes them stress and anxiety.
March 14 -
Janus Capital Group, the money manager that made its name placing big bets on stocks, is trying something new to stem a five-year customer exodus.
March 14 -
New may not always be better, but it is what the retirement industry needs right now.
March 14 -
Senate Budget Committee chairman Patty Murray, D-Wash., on Wednesday unveiled a fiscal 2014 budget that would reduce the deficit $975 billion by "closing loopholes and eliminating wasteful spending in the federal tax code that benefits the wealthiest Americans and biggest corporations."
March 14 -
Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.
March 14 -
New may not always be better, but it is what the retirement industry needs right now.
March 14 -
Janus Capital Group, the money manager that made its name placing big bets on stocks, is trying something new to stem a five-year customer exodus.
March 14 -
For the week ended March 6, investors steered an estimated $11.85 billion into mutual funds, up 41% from the previous week.
March 13 -
Here are the top firms according to their basic payout for producers at the $600,000 mark.
March 13 -
As baby boomers demands change, the industry needs to take a more holistic approach, according to the president of the Ameriprise Personal Advisors Group.
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