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Schwab report finds spike in total M&A activity in the RIA sector for the first quarter, but nearly half of the $23.95 billion in total assets under management transacted across 17 deals through March 31 came from one deal.

Wealth management firms need to be more nimble in meeting the demands of clients in order to best capture a surge in available assets over the course of this decade, Merrill Lynch Wealth Management executive John Thiel told attendees at the SIFMA Private Client Conference in Boston.

Wilmington Trust has tapped industry veteran William T. LaFond to head up its wealth advisory business in the Washington, D.C., and Richmond markets.

The company said in a press release that the role was crated "because of the importance of the Americas businesses in Barclays portfolio and strategy and will better enable Barclays to position its businesses optimally for the changing industry environment."

Krawcheck, who was ousted from her position as president of Bank of America Corp.’s Global Wealth Management group in September, is joining the New York-based company effective immediately.

Legacy expert attorneys Danielle and Andy Mayoras say the legal battle between two feuding CEOs provides yet another example of why it’s so important for advisors to make prudent succession planning decisions as their firms grow and evolve.

On April 17, 2012, Two mutual fund heavyweights yesterday were recognized for their focus on consumer needs, innovation and fiduciary services..

Fund administration service provider Gemini Fund Services, LLC and Cole-boutique law firm Frieman Mallon & Hunt LLP have joined forces to launch Two Roads Shared Trust.

Bank of New York Mellon Corp.'s first-quarter earnings fell 1% from a prior-year period that didn't have a credit loss provision as the trust bank's fee revenue also dipped.

Mutual fund assets within Defined Contribution Investment Only programs, which are used to support 401(k) retirement plans, have been growing in size and disparity in recent years.

Genworth Financial this week debuted a free, web-based mobile app that lets investors and advisors calculate their expected long-term care expenses from their iPhones or iPads and, simultaneously, get down to the business of adjusting their long-term financial planning goals to meet these rising costs as they age.

On April 17, 2012, Vericimetry launched it first mutual fund.

The Dow Jones Industrial Average rallied up 194.13 points to close at 13,115.54 Tuesday while the Nasdaq and S&P 500 stormed up 54.42 points and 21.21 points, respectively.

On April 17, 2012, Fund administration service provider Gemini Fund Services, LLC and Cole-boutique law firm Frieman Mallon & Hunt LLP have joined forceS to launch Two Roads Shared Trust, a shared mutual fund trust.

On April 17,CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the collective investment funds and exchange-traded funds advised by First Trust Advisors L.P to its retirement platform.

Chip Roame, managing partner of Tiburon, Calif.-based research shop Tiburon Advisors, is bullish on index and alternative investment products.

In April 17, 2012, Two industry bodies, the Investment Company Institute and the U.S. Chamber of Commerce, filed a suit in the U.S. District Court for the District of Columbia challenging the amendment to Rule 4.5 of the Commodity Futures Trading Commission

The Vanguard Group was recognized as the most effective full service investment advice brand online by Heardable, a firm which measures corporate online performance.

Federal prosecutors have charged a Russian national living in New York City for his alleged role in a ring that stole roughly $1 million by hacking into retail brokerage accounts and executing sham trades.

Liz Kirscher is leaving her post as presidnet of research firm Morningstar's data division. A replacement has not been named.