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DoubleLine Capital and ALPS Advisors topped Strategic Insight's list of fastest growing mutual fund managers in 2012.

Net outflows among tax-exempt money market funds were down to $203.1 million and total net assets settled at $282.48 billion for the week ended Feb. 4.

Inflows to municipal bond mutual funds are shrinking, though they remained positive for a fifth straight week, as they recorded $109 million in inflows for the week of Feb. 6.

As we head into the 2013 tax season, advisors should tell clients to be sure they won’t be hit with a Durden-style disallowance

Chicago-based Calamos Asset Management has promoted James Boyne to president and chief operating officer, a position he still holds.

In a survey of 303 finance executives, 57% were more optimistic than last year about the 12-month outlook for their companies’ performance.

What do to about investors who hate paying ETF trade commissions? Charles Schwab Investment Management's answer: Hit 'em with zero-commission ETFs.

DoubleLine Capital and ALPS Advisors topped Strategic Insight's list of fastest growing mutual fund managers in 2012.

FINRA appears to be pulling back from its campaign to regulate RIAs -- and advisors couldn’t be happier.

In an effort to leverage the growing $1.4 trillion ETF market, Charles Schwab a basket of 105 commission-free exchange-traded funds.

Target maturity funds picked up more than $13 billion in the fourth quarter of 2012, bringing the industry’s total assets to some $485 billion, a 29% increase from a year ago, according to data from Ibbotson.

Since its last major recruiting announcement in November, the firm has extended the reach of its boutique operation with a new office in Beverly Hills, Calif., and a number of new hires in key metropolitan areas nationally.

Since it launched the program in January 2007, the New Jersey community bank has accumulated $96 million in AUM, and it’s on track to hit $100 million in the next couple of months.

Merrill Lynch financial advisor Gregory Cash, number 10 on the Top 40 Under 40 list, says that constantly striving for better results is the key to advancing an advisor’s practice.

US exchange-traded funds and exchange-traded products reached a new record high of $1.42 trillion at the end of January 2013, according to figures from ETFGI.

Bank of America Corp. shifted bonuses at U.S. Trust to focus employees on adding clients and boosting account balances, a change that could mean lower pay for some members of the wealth-management unit.

The global exchange-traded product industry surpassed the $2 trillion mark last month, finishing the month with $40.2 billion of inflows, according to BlackRock’s latest ETP Landscape report.

For mutual fund firms, 2013 could be a particularly challenging year.

Jim O'Neill, chairman of Goldman Sachs Asset Management, will retire later this year. 

“Firms have to commit to planning," says Mike Durbin, president of Fidelity Institutional Wealth Services. "The firms on a path to high performance are on a fast course to planning.”