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Houston-based Salient Partners, a $17.4 billion asset management firm, has officially lifted the veil on its Salient Pure Trend Fund (SPTAX, SPTCX, SPTIX). Money Management Executive previously reported on the fund’s launch.

Kaminsky, who was the cable television network’s capital markets editor, will work with Morgan Stanley’s financial advisors on client development.

Assets held in 529 college savings plans increased 16.7% last year as the largest state plans continued to attract the bulk of assets.

Small business owners prefer a Tax Code with low rates and fewer deductions, according to a new survey by the National Federation of Independent Business, but their bottom line is whether their taxes rise or fall.

Charles Schwab & Co. is in the midst of a regulatory struggle with the Financial Industry Regulatory Authority that threatens to change how the firm and other retail brokers do business with its clients.

Charles Schwab & Co. is in the midst of a regulatory struggle with the Financial Industry Regulatory Authority that threatens to change how the firm and other retail brokers do business with its clients.

Average assets under management for financial advisors in North America hit a record $81 million last year, according to a new report.

Few bank executives could state a clear and comprehensive wealth strategy. And most had trouble identifying something about their wealth management efforts that was unique.

Banks need to keep their customers in mind as just one constituency when designing their compensation plans for advisors

Paul Springmeyer joined the bank’s Private Client Reserve unit as a senior portfolio manager and John Ostrand joined as a trust officer.

DST Market Services has gotten app-savvier.

Munder Capital Management has hired Jim Kourkoulakos, a former portfolio manager and co-head of credit research at California Public Employees’ Retirement Service (CalPERS), as a senior portfolio manager for fixed income.

Kristen Pelling has joined Putnam Investments to fill a new role focused on large market defined contribution recordkeeping sales.

Three months after her departure from the Securities and Exchange Commission, former Chairwoman Mary Schapiro has been nominated to join the board of General Electric. If she accepts, she will be the third former regulatory chief to join a board of directors this year.

What does it take to be a successful advisor? And how do you prove your worth to clients?

As RIAs compete with wirehouses and banks for the best talent, here are some things to keep in mind as you recruit top advisors.

Raphael Zagury, Bank of America Corp.’s head of creating derivative investments for wealthy clients at Merrill Lynch, said he resigned.

In an increasingly connected world, word spreads quickly, especially on social media platforms.

The sudden slowdown in U.S. inflation has left Treasuries at the cheapest levels in almost two years, aiding the Federal Reserve’s efforts to tamp down long-term borrowing costs while the economy improves.

Increased compliance requirements, regulatory changes, and an aging client base are just some of the obstacles RIAs will face this year, but advisors still see a bright future for their assets under management.