Subject Root Tag

On June 19, 2012, J.P. Morgan Asset Management launched a multi-asset unit headed by Seth Bernstein, who will oversee the new effort as Global Head of Asset Management Solutions, reporting to Mary Erdoes, CEO of J.P. Morgan Asset Management, according to an internal memo.

According to the World Wealth Report 2012, last year was the second most volatile period in the last 15 years. The number of people with over $1 million investable assets increased by a marginal 0.8% world-wide, and their overall wealth fell by 1.7%, the second decline since 2008.

On June 19, 2012, Fidelity Investments sent a letter to the European Commission on its Green Paper on Shadow Banking detailing the Commission’s use of the term as “confusing” and “misleading”.

Tom Ford and Jeff Jones join Raymond James’s employee broker-dealer arm, Raymond James & Associates, in Peoria, Ill., and now operate as the Ford Jones Group.

Advisors significantly underestimate how many of their wealthy clients contribute regularly to charities and how much they give. This represents a missed opportunity for everyone.

On June 19, 2012, Huntington Asset Advisors, Inc. revealed that it is launching actively-managed ETFs via its new ETF family, Huntington Strategy Shares.

A U.S. Trust survey reveals how three generations of wealth approach estate planning, elder care, and family privacy and security.

Schroders, the $318.9 billion global asset manager, has appointed Tiffani Potesta head of advisory sales within its U.S. key accounts team.

Change is in the air for one of the world's oldest asset management fund shops.

Eileen Rominger, Director of the Division of Investment Management at the Securities and Exchange Commission, will be retiring in July.

Additional regulation of money-market mutual funds could increase short-term borrowing costs for state and local governments, leading municipalities to raise taxes or cut spending on infrastructure and other critical projects, according to a paper released Monday by a Georgetown University professor.

On June 19, 2012, additional regulation of money-market mutual funds could increase short-term borrowing costs for state and local governments, leading municipalities to raise taxes or cut spending on infrastructure and other critical projects, according to a paper released Monday by a Georgetown University professor.

Yes, Washington, D.C., there is a market where large blocks of stock get traded. It's called Liquidnet.

As Baby Boomers continue to age, demand for retirement income distribution specialists will soar. Here’s how advisors can market themselves to this huge clientele. Also see: 10 Easy, Actionable Marketing Tips For Advisors 7 Marketing Tips Used by Elite Financial Advisors 9 Marketing Tips for Retirement Plan Advisors and TPAs 10 Critical Social Media Tips for Advisors Chicken and Egg: How to Grow Your RIA Practice From Scratch

The Dow Jones Industrial Average shed 25.35 points Monday to finish at 12,741.82 while the Nasdaq and S&P 500 added 22.53 points and 1.94 points, respectively.

The Columbus, Ohio-based broker-dealer hired David Lacki as managing director of the firm’s affordable housing group.

On June 18, 2012, Eileen Rominger, Director of the Division of Investment Management at the Securities and Exchange Commission, will be retiring in July.

Peak, the country’s largest financial advisor coaching and resource program, hired Paul West as a managing director.­

Now is the time to find out if your current business model is providing the kind of client experiences that makes you either a wealth manager or an investment facilitator. (And if you don’t know, you should because your clients surely know the difference.)

Tax-deferred investment solution firm Jefferson National Partners has announced a partnership with CAPTRUST and the launch of five new asset allocation models.