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Almost half of credit union customers referred family and friends, besting large banks, which had a 32% referral rate.

Gaining access to the treasure and collectibles market is easier now than ever. Rather than investing in collectibles like art, many are investing in their passions, like automobiles, wine and even furniture. Research by Barclays and Ledbury Research takes a deeper look into these "treasure trends." Also see: 6 Simple (But Important) ETF Trading Tips 10 Gigantic Mistakes That Can Cripple Your Clients’ ETF Portfolios 10 Undervalued, Dividend-Paying Stocks 10 Dividend-Paying Stocks Your Clients Will Want

On June 29, 2012, Education and healthcare retirement plans are using more target date funds and Roth features in their plans, according to the latest 403(b) plan sponsor survey from the Plan Sponsor Council of America.

On June 29, 2012, Charles Schwab yesterday rolled out the first version of the new Schwab Advisor Center app for the iPhone for independent investment advisors who custody assets with Schwab Advisor Services.

Assets of all exchange-traded funds fell in May by $71.42 billion, or 6% to $1.116 trillion, according to data from the Investment Company Institute.

Pioneer Investments has made a series of new hires and promotions that are part of its plan to increase its U.S. retail sales team by approximately 25% in 2012.

Tax-exempt funds continued to see negative flows as $1.12 billion fled the funds and total net assets settled at $270.27 billion in the week ended June 25, according to The Money Fund Report, a service of iMoneyNet.com.

An uninspiring week of frozen yields in the municipal bond market could not put a stop to the inflows pouring into muni bond mutual funds. Muni bond funds saw $625 million of inflows from funds that report their flows weekly for the week ended June 27, compared with net inflows of $555 million the week ended June 20.

Persistent low rates, fierce competition and lackluster loan growth will prevent most community banks from reporting blow-out earnings growth in the second quarter. Much of the profit likely will come from purges of bad assets.

New York Life says its Guaranteed Future Income Annuity product has garnered more than $500 million in premiums in less than a year.

The Dow Jones Industrial Average lost 24.75 points Thursday to close at 12,602.26 while the Nasdaq and S&P 500 trimmed 25.83 points and 2.81 points, respectively.

On June 28, 2012, Los Angeles-based TCW has hired David Loevinger as managing director and sovereign analyst in the Emerging Markets Group.

On June 28, 2012, Pioneer Investments has made a series of new hires and promotions that are part of its plan to increase its U.S. retail sales team by approximately 25% in 2012.

Macquarie Group has announced several senior leadership appointments as well as 14 additions to its U.S. equity sales and sales trading teams.

On June 28, 2012, Assets of all exchange-traded funds fell in May by $71.42 billion, or 6% to $1.116 trillion, according to data from the Investment Company Institute.

On June 28, 2012, The $387 million, 4-Star Buffalo Science and Technology Fund (BUFTX) will be renamed the Buffalo Discovery Fund effective June 29.

The Supreme Court’s decision to uphold the health care overhaul could have a broad impact on wealthy investors’ wallets with a new 3.8% increase on investment income.

Ask Ed Slott: Your IRA Expert explains when and why it’s best to use the five-year rule for distributions from an inherited IRA.

As of March 31, U.S. retirement assets totaled $18.9 trillion, up 6.3% from $17.8 trillion in the previous quarter.

Hundreds of delinquent medium-sized RIAs must register with their respective states by today’s SEC deadline or face the prospect of being de-registered as early as Sept. 1.