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The spike in market activity and volatility spurred by the downgrade of U.S. debt, the debt-ceiling contratemps in Congress and the European sovereign debt overhang did not drive overall trading volume to record levels in August.

WASHINGTON — Although Federal Reserve Board officials promised to unveil a long-awaited package of key Dodd-Frank rules by the end of the summer, the central bank is likely to need more time to complete them.

They may long to give up their daily commutes and have wide-open schedules, but far too many Baby Boomers are largely unprepared to leave their jobs, according to a new report by the Insured Retirement Institute.

PIMCO has launched the PIMCO Credit Absolute Return Fund, a go-anywhere type of fixed income fund that will employ some hedging strategies, including shorting and credit default swap derivatives, and be managed by Mark Kiesel.

Left Coast Solutions has developed iJoin, an application for Smartphones and other mobile devices that helps investors determine how much they need to save for retirement to replace their monthly income.

401(k) investors and sponsors are likely to stand up and take notice of the fees that will be clearly presented to them in April, particularly the fact that investors pay most of the administration fees. These administration fees, or expense ratios, cover not just fund management but also recordkeeping, auditing and broker commissions.

Even though the stock market has been extraordinarily volatile over the past month, most investors are not changing their allocations to stocks and bonds, according to the RBC Consumer Outlook Index.

Although Federal Reserve Board officials promised to unveil a long-awaited package of key Dodd-Frank rules by the end of the summer, the central bank is likely to need more time to complete them.

Bank of America said it has hired 40 new financial solutions advisors for its Merrill Edge business in the mid-Atlantic region as the bank seeks to bring that total advisor force to 1,000 nationally by the end of this year.

In Part Two of this series on China, I’ll look at the massive build out within China and see if this fixed investment boom is sustainable. If the building boom ends, it could cause a worldwide economic slowdown.

For the past 25 years, a quiet but remarkable study has been going on at the School Sisters of Notre Dame convent in Mankato, Minn. What we’re learning might not only be the keys to happiness and long life, but have some interesting financial planning implications as well.

They may long to give up their daily commutes and have wide-open schedules, but far too many baby boomers are largely unprepared to leave their jobs, according to a new report by the Insured Retirement Institute.

Last year, BNY Mellon Wealth Management was on an ambitious push to expand its network of financial advisors. Whether Robert Kelly’s surprise resignation late Wednesday will derail that momentum remains unclear at this point.

The analysts at Standard & Poor’s, who have pegged the U.S. economy’s growth rate at a paltry 2% for 2012, say that advisors and investors might find some value in steel stocks and ETFs.

Among large-cap indexes, the Dow Jones Industrial average was the top performer in a decidedly bad month for equities, but still shed 4.36% of its total value in August.

Even though the stock market has been extraordinarily volatile over the past month, most investors are not changing their allocations to stocks and bonds, according to the RCB Consumer Outlook Index.

It’s no secret that client referrals are essential to an advisor’s growth. The hard part is implementing an effective strategy. Here's what financial advisors need to know to supercharge their referral business.

Janus has launched the Janus Aspen Moderate Allocation Portfolio, specifically designed for the insurance channel. The portfolio is a fund-of-funds that will invest in other Janus products with a target of 60% of its underlying holdings in stocks and 40% in fixed income.

Left Coast Solutions has developed iJoin, an application for Smartphones and other mobile devices that helps investors determine how much they need to save for retirement to replace their monthly income.

PIMCO has launched the PIMCO Credit Absolute Return Fund, a go-anywhere type of fixed income fund that will employ some hedging strategies, including shorting and credit default swap derivatives, and be managed by Mark Kiesel.