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Callan Associates has added Dana Brown to its Fund Sponsor Consulting group as senior vice president.

Socially responsible shop Calvert Investments has added Darryl Keeton as director of internal sales, responsible for internal-external sales team partnerships and developing the firm’s internal sales team.

Last week, shareholders of $253 million Morgan Stanley Mid Cap Growth Fund approved a move to transfer the fund’s assets to the Mid Cap Growth Portfolio in exchange for shares of Mid Cap Growth, according to a Securities and Exchange filing.

David Lerner was banned from the securities industry for a year and his firm ordered to pay $12 million for misleading investors into buying real estate investment trusts, regulators said. Lerner, whose David Lerner Associates Inc. has underwritten about $7 billion of its Apple REITs, was also fined $250,000, the Financial Industry Regulatory Authority said today in a statement.

Social media is rapidly changing the way financial advisors approach their marketing efforts, but staying current with compliance regulations can be a challenge.

QuantShares is in the process of shelving a trio of exchange-traded funds.

The value of RIA mergers and acquisitions activity for 2012 looks set to top 2011 totals, according to a new report.

OppenheimerFunds has launched the CEO Advisor Institute, which combines business management, personal and professional development content and investment thought leadership for advisors.

Sector ETFs have grown 49% at Charles Schwab over the past year—the firm’s fastest growing asset category, according to a 3Q ETF snapshot Schwab officials discussed on a conference call on Friday.

Facing a growing demographic of Americans who likely have not saved enough for retirement, BlackRock launched The BlackRock Retirement Center, a new digital retirement platform that offers individuals access to resources, tools and insights about their pending retirement.

A half-dozen top Goldman Sachs Group Inc. officials, including Chief Executive Officer Lloyd C. Blankfein and President Gary D. Cohn, reaped $14.6 million by exercising 10-year-old stock options due to expire next month.

Also, 293 midsize advisors called out for delayed move to state oversight.

Merrill Lynch Wealth Management has snapped up a Morgan Stanley advisor team managing about $2.5 billion in client assets to its Private Banking and Investments Group.

Even though six in 10 women are concerned they aren’t saving enough to last throughout their retirement, few are taking steps to mitigate this risk.

Hawaii is the best state for retirees according to the 2012 MoneyRates.com analysis of the Best and Worst Stated for Retirement in the U.S.

With 30 years industry experience, Robert Bernardin joins Hilliard Lyons as a senior vice president in Indiana.

Have you thought about what you can do in your practice to improve how you operate your business, making sure that this year is a better year than last year? Do you think your practice needs improved focus in order to be more profitable? Chris Kirby has some suggestions that could streamline your business to a “leaner and meaner” more profitable machine.

The move by Vanguard, the nation's third largest manager of ETFs, to change the benchmark on 22 of its index funds and ETFs earlier this month reverberated throughout the indexing industry, placing it squarely on the battlefield as the pricing war between two of the biggest ETF makers rages on.

There are thousands of hedge funds competing in the marketplace. They come in all shapes and sizes, but all too often they approach investors with the same thesis.

Total money market mutual fund assets increased by $5.84 billion to $2.568 trillion for the week ended Wednesday, October 17, according to data from the Investment Company Institute.