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Russell Investments, which advises funds with $2.4 trillion in assets, will reclassify Greece to an emerging from a developed market, an unprecedented step taken after a recession reduced the nations economy by 20%.
March 4 -
Only 10% of Boomers have discussed the topic with their children and only 6% with their parents. Less than half (45%) have discussed it with their spouses and only 23% with their financial advisors.
March 4 -
Paul Schaeffer, managing director, Strategy & Thought Leadership, at alternative mutual fund shop Forward, is calling it quits after more than two years on the job, Money Management Executive has learned.
March 4 -
Large companies will get larger and smaller firms will be acquired, but consolidation and growth of large RIAs is not necessarily a bad thing.
March 4 -
Regulators levied a $750,000 fine on Ameriprise for alleged wire transfer fraud committed by one of its brokers in 2010.
March 4 -
When it comes to social media, advisors shouldn't try using every platform all at once. Instead, start with just one -- whether Facebook, LinkedIn, or Twitter.
March 4 -
Anne Copeland, an executive vice president of the banks Wealth Management Group since April 2012, will lead Regions efforts to provide banking, trust, and investment management services to affluent and high-net-worth individuals.
March 4 -
Continued demand for equity exchange-traded products booted ETP flows $47.1 billion, the strongest two-month total on record, according to BlackRock’s latest ETP Landscape Snapshot.
March 4 -
LPL is launching a new online tool that it says will let its advisors offer offer better visibility to plan sponsors and the millions of LPL clients who are invested in 401(k)s.
March 4 -
Barclays recently announced that it planned to eliminate at least 3,700 jobs in 2013. This was sour news from an industry that had begun to back away from the heavy layoff days of 2011.
March 4
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Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?
March 4 -
Should mutual funds be backing off on holdings in gun and armament makers?
March 4 -
While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.
March 4 -
On the heels of getting recognized for its social media marketing content, Regions Bank dishes on what material has worked best for it and what it plans to do next in the socialsphere.
March 4 -
JPMorgan Chase has fired back at attempts by representatives of the former Lehman Brothers to link its collapse with the so-called Whale.
March 4 -
Working with sports stars can be prestigious, even glamorous -- and is often a highly sought after market niche for financial advisors and wealth managers, but professional athletes can also present advisors with a minefield of challenges
March 3 -
Many LGBT investors have a false sense of security about the issue of gay marriage and do not appreciate its effect on their own financial future, a ccording to a Wells Fargo survey,
March 3 -
The index maven at Standard & Poors shies away from predictions, but expects one of two scenarios: one optimistic and the other pessimistic. And he likes index funds.
March 3 -
The Securities and Exchange Commission on Friday called for more information from industry members and other stakeholders about the potential impact of its proposal to apply a uniform fiduciary standard of care to broker-dealers and investment advisors who provide advice to retail customers.
March 1 -
Now that the March 1 deadline for Congress and the White House to reach a deficit-reduction agreement has lapsed, federal agencies must now begin to absorb $85 billion in automatic spending cuts, but for financial advisors, it could be business as usual, at least for the time being.
March 1






