Subject Root Tag

Taxes and the economy colluded to make 2012 a record year for grants and contributions.

Advisors who want to optimize the value of their firm may be in luck.

The advisor population is “stagnant and aging;” older advisors may not relish the hassles of a moving to a new firm. Meanwhile, barriers to entry for new financial advisors remain high–less than 15% of trainees succeed in establishing a viable business.

Using its muscle to influence the debate as federal officials gear up to establish tighter regulations on the advisory world is the Financial Services Institute’s top priority this year, organization executives said Tuesday at the group’s annual conference.

Legg Mason Inc. is looking to reconfigure its office space.

F-Squared Investments this week announced that its assets under management topped $10 billion as of January 4, up from approximately $5.6 billion in the previous year.

Advisor Dan Dillard launched a video effort that’s on the verge of reaching thousands of clients beyond his book of business. Here’s part-1 of his story.

Stadion Money Management has found itself a new distribution partner.

North America led the rise in global confidence, jumping 7.8 points to 86.3.

The Aquila Group of Funds has appointed Craig DiRuzzo as a regional sales manager focusing on the Tax-Free Fund of Colorado, a municipal bond fund that invests in Colorado’s municipal and state projects, and Aquila’s two nationally distributed mutual funds – Aquila Three Peaks High Income Fund and Aquila Three Peaks Opportunity Growth Fund.

State Street Global Advisors today marked the twentieth anniversary of the first exchange traded fund, the SPDR S&P 500 ETF (SPY) by reminiscing on the early years of the SPDR S&P 500 ETF.

A U.S. judge said the Internal Revenue Service can demand information from UBS AG about U.S. clients of Wegelin & Co., the Swiss bank that pleaded guilty this month to conspiring to help cheat the IRS.

Russell Indexes today launched the Russell High Efficiency Defensive Indexes, which it touts as “the first and only series of low volatility benchmarks to offer low targeted tracking error.”

T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said fourth-quarter earnings rose 23 percent as stock markets gained boosted assets and the fees they generate.

Morgan Stanley financial advisor Jack Riley, number 17 on the Top 40 Under 40 List, says that offering well-rounded services to his corporate executive clients has helped bring him success.

Since the start of 2007, for instance, investors of all types have pulled $607.4 billion out of funds that invest in domestic stocks, according to the Investment Company Institute. In the same time, they've added $1.2 trillion to the coffers of bond funds. Will 2013 change this trend?

Ever popular ETFs finished 2012 on a strong note.

In his more than 25 years on the municipal bond desk at Merrill Lynch and BlackRock, Peter Hayes has had front-row seats to some of the biggest changes in asset management, and in particular, how they've affected the municipal bond industry. He brings those to bear in his analysis for 2013.

Now that the layoff era is finally over for Wall Street, large financial institutions are beginning to grow their teams again. But they are not the only ones that are on the lookout for fresh talent.

Facebook, which is used by 85% of advisors that are using social media, is far and away the most widely-used application, followed by LinkedIn (56%), Twitter (44%), Google (34%) and YouTube (31%).