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How the big bank stress test strategy could bolster your clients' portfolios against market volatility.

The head of Merrill Lynch U.S. Wealth Management and the Private Banking and Investment Group discusses his 22 years in the securities business.

UBS financial advisors take on 10 emerging entrepreneurs.

You may be overlooking one of the best PR strategies an advisor could employ.

Finding the happy medium when it comes to splitting assets in a divorce requires the skills of the savviest of advisors.

Receiving some of our investment income in the currencies of those more rapidly growing economies may help us preserve our purchasing power.

The Dow Jones Industrial Average fell 276.10 points, or 2.26%, to 11955.01 Monday on concerns about plans to repair Europe’s debt crisis. However, stocks finished the month up 1041.63 points, or 9.54%.

Highland Funds Asset Management has launched the Highland Alpha Trend Strategies Fund, a global fund that will invest in country- and region-specific exchange-traded funds as well as take long and short positions in equity indexes. The fund aims to invest in areas with low correlation and volatility.

In September, more money flowed into mutual funds than flowed out, breaking a three-month pattern of fund outflows, according to Cerulli Associates’ October report on product trends. Despite the reversal into positive territory, however, mutual fund assets remain at a yearly low of $7.4 trillion.

Mercer’s U.S. outsourcing business has begun including retirement income from Financial Engines in its defined contribution platform. Financial Engines says its Financial Engines Income+ is the first retirement income solution designed specifically for 401(k) plans.

U.S. households held $10.7 trillion in retirement assets at the end of 2010, Hearts & Wallets said, culling information from the Federal Reserve Flow of Funds and U.S. Census data. This is just above the previous high of $10.5 trillion reached in 2007, and a big climb from the $2.4 trillion loss in retirement assets in the crash of 2008, when these assets fell to $8.1 trillion.

Prudential has just released preliminary survey results indicating that when shopping for retirement plans, consumers between the ages of 18 and 36 are more interested than those over age 45 in guaranteed income features. The company is leveraging these results with additional features, including security, to certain plans offered by Prudential Retirement.

Schwab Charitable has launched the Charitable Legacy Program, to enable individuals to extend their charitable giving beyond their lifetimes.

Bank of America Merrill Lynch has hired a two-member private wealth advisor team from Credit Suisse in Chicago, and a three-member financial advisor team from Wells Fargo in Savannah, Ga.

Financial planners across the globe are just as aware of the potential repercussions that Dodd-Frank Act implementation and other regulatory issues will have on the profession as their U.S. counterparts, the head of the Financial Planning Standards Board said during a media briefing Monday morning.

Financial advisors can now purchase T. Rowe Price Advisor Class shares for their clients at no transaction fee on the Schwab Mutual Fund OneSource platform.

Putnam Investments has named industry veteran Stephen Jenks head of products and marketing for its defined contribution business.

Putnam Investments has named industry veteran Stephen Jenks head of product and marketing for its defined contribution business.

The Department of Labor issued new regulations that aim to broaden access to personalized investment advice for workers engaged in retirement savings plans.

With Europe in the grip of a massive debt crisis, U.S. unemployment still near double digits and global markets roiling on what seems an unending rollercoaster ride, the impact from the 2008 financial meltdown has been nothing if not severe.