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Market volatility severely curtailed revenue growth among asset managers in 2011, while independent managers continued to outperform management subsidiaries, according to a study released by consulting firm Casey, Quirk & Associates LLC.

This week, IRA expert Ed Slott tackles questions about transferring 401(k)s to Roth IRAs and how investors can avoid early distribution penalties.

In the search for yield, mid-cap stocks are often overlooked as an option. But the companies often have more room to grow than large caps, and many are “appealing takeover candidates” to boot, says Esther Kwon, equity analyst with S&P Capital IQ.

A senior Prudential executive is calling upon the government to promote the development of multiple employer plans, which allows many small employer to pool their resources together under a single defined contribution plan.

The proposed rule change might lower litigation and forum expenses, but it could also result in more claims and awards against reps and (eventually) RIAs.

imensional Fund Advisors has appointed Steve Clark, formerly head of portfolio management, as head of the North American Institutional group. He replaces Dave Schneider, who is retiring.

An analysis by Spectrem Group found that 41% of wealthy investors surveyed said they relied primarily on their own research and analysis, while another 40% said they relied primarily on a trusted financial advisor.

Associated Banc-Corp announced yesterday that it hired Tim Henke as an associate financial consultant at its wholly owned broker-dealer Associated Investment Services.

It's official: BlackRock, Inc. today says it has completed its acquisition of the Toronto-based Claymore Investments, Inc.

The new hire, Joseph Zidle, guided investing strategy for almost $2 trillion in individual investor assets in his prior role.

The new product attempts to capture the potential for higher returns and offset market volatility in clients’ portfolios.

Bankers are "bastardizing" the process of terms of the Dodd-Frank Wall Street Reform Act, by threatening to file lawsuits over whether costs and benefits of new rules have been adequately studied, according to Commodity Futures Trading Commission member Bart Chilton.

The heart – and brains – of a Wall Street firm used to be the great sales trader, said Matthew Andresen, co-CEO of Headland Technologies. Now, that value increasingly is moving into machines.

Santa Fe, N.M.-based Thornburg Investment Management has promoted Rob McInerney, formerly a regional consultant, to the role of national sales manager, effective March 1. He will also assume the role of president of Thornburg Securities Corp., succeeding Jack Gardner in both positions.

The Investment Company Institute has promoted Kathleen Joaquin to the position of chief industry operations officer, replacing 25-year veteran Donald Boteler, who retired earlier in the month.

Lighthouse Partners, a fund-of-hedge-funds and managed account investment adviser has taken a minority stake in 361 Capital, a Denver-based provider of alternative investment mutual funds, separate accounts and limited partnerships to institutions, financial intermediaries and high-net-worth investors.

Investors regained some of their swagger Wednesday, pushing the Dow Jones Industrial Average up 78.18 points to 12,837.33 one day after recording its largest loss of the year.

Santa Fe, NM-based Thornburg Funds has promoted Rob McInerney, formerly a regional consultant, to the role of national sales manager, effective March 1. He will also assume the role of president of Thornburg Securities Corp., succeeding Jack Gardner in both positions.

San Francisco, Calif,-based Callan Associates, an investment consultant, has hired Benjamin Taylor as vice president, responsible for investment structure reviews, fee analyses and record keeping searches.

Mutual funds started February with a roar but ended the month with a whimper.