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The Internal Revenue Service provided advice to taxpayers Wednesday on dealing with the late opening of tax season on January 30 that could also prove helpful to tax preparers.

JPMorgan's new callable commercial product is gaining momentum in the municipal market, receiving high demand from investors and catching on with others in the industry.

The AICPA’s Advanced Personal Financial Planning Conference, held last week in Las Vegas, drew a record 1,100 attendees this year, a big jump from 820 in 2012.

Revenue and net income rose slightly from last quarter as the Morgan Keegan integration progressed.

For the week ended Jan. 16, equity mutual funds attracted an estimated $9.32 billion in inflows, down from the previous week’s huge $14.33 billion inflow but nearly three times greater than last year’s record $3.52 billion inflow in early February.

Jacques Longerstaey has joined F-Squared Investments as a senior vice president of investments.

Pioneer Investments is reshuffling its fund lineup including reorganizing four domestic equity funds and liquidating another.

BlackRock is expanding its suite of alternative funds by launching the BlackRock Global Long/Short Equity Fund (BDMAX, BDMIX), which will bet on equity markets across the US and international developed markets.

Social media offers an increasingly powerful way to communicate with clients and prospects, yet many advisors aren’t taking advantage.

Bill Gross, co-chief investment officer of Pacific Investment Management Co., said the firm will seek to capture gains in emerging market currencies through a new actively-managed exchange-traded fund.

Institutional investors are currently showing more interest in environmental, social, and governance investing, according to new research from Boston-based global analytics firm Cerulli Associates.

It’s $20 billion and counting for exchange-traded fund purveyor WisdomTree Investments.

Charles Schwab has added five new funds to its retirement lineups, the San Francisco company announced today.

LPL Financial is pushing to expand services for high-net-worth clients. In the company's most recent move, its wholly owned Private Trust Co. subsidiary has announced strategic plans to build on its rapid growth of 25% over the last three years.

The amount of money flowing into annuities declined last year more than 6% from prior-year levels, according to a report from the Depository Trust & Clearing Corp.

Morgan Stanley financial advisor Bruce Munster, number 21 on the Top 40 Under 40 list, says that sitting down with a local billionaire was a tipping point for understanding what wealthy clients want.

The transaction involves approximately 3,000 accounts and $1.7 billion in assets under administration, which represent non-target business for Citi Private Bank’s trust business.

New research from Javelin Strategy & Research highlights banking-related trends among Generation Y.

Foreclosure filings fell in 2012, yet more foreclosed homes are likely to come up for sale in 2013. This increase could be good news for prospective home owners and investors, according to Daren Blomquist, vice president at Irvine, California-based RealtyTrac, an online marketplace for foreclosure properties.

The RIA market continues to grow, but it wound up in second place last year.