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In this environment, it is all about specialization and outsourcing. A good retirement plan recordkeeper can allow financial institutions to focus on key customer differentiators

The Obama administration’s proposal to renew the Build America Bond program may suffer from the same problem it had the first time around, when the federal government didn’t think municipalities would use BABs that much.

Just one day after the Municipal Securities Rulemaking Board issued a draft rule on muni advisors’ fiduciary duties, market participants are questioning the scope of the rule and whether it would apply to dealer-advisers.

The additions would come as JPMorgan Chase looks to aggressively grow its network in Florida and California, said Charlie Scharf, the company's chief of retail financial services.

Republicans and Democrats sparred Tuesday over the economic impact of derivatives regulations as the House prepared for a broader fight over the budgets of agencies tasked with writing and enforcing the new rules.

A recent study indicates that 49% of consumers share content online at least once a week, with 86% being shared through email. Email sharing even beat out Facebook (49%) and Twitter (4%). By marketing your content via email, you tap into a great opportunity to create valuable content that your recipients will want to share. Our new technology blogger, T.J. Gilsenan examine how.

MIAMI -- There is of course no event going on in America from January 14 through 16 than the 29th annual National Investment Company Service Association Conference & Expo.

It used to be that a mutual fund was a pretty easy product to launch. Line up a set up securities. Buy. Hold. Mix occasionally. Now, managing products such as target-date funds present serious operational challenges, the CEO of J.P. Morgan Asset Management Americas said

Deborah McWhinney, the head of Citigroup's flagging personal banking and wealth management group, is leaving her post after a tumultuous two-year run in which she attempted to makeover the nation's third-largest bank following the spin-off of its Smith Barney brokerage unit in 2009.

An executive said that employees continue to be “grossly under prepared for retirement,” with over 82% reporting that they are not on track to meet their retirement goals.

Most projections call for financial services firms to boost tech spending this year by 5% or less. Then, there's Brad Lyman, director of technology at Matthews International Capital Management, and a more robust estimate today at the National Investment Company Service Association 2011 Conference & Expo.

An audit of financial services firms' advisor websites reveals that most have improved in a number of key categories, but most still only rank somewhere between "fair" and "good."

About 21.5% of all financial planning firms offer telecommuting as a benefit to employees, according to the 2010-11 Financial Planning Salary Survey from the FPA.

The Country Financial Security Index rose 0.8 points to 64.9 in February, marking the first time the index has risen at the start of the year since Country Financial began the index in 2007.

MIAMI: The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011.

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

NYSE Euronext and Deutsche Borse announced their merger Tuesday morning, creating “the world’s premier global exchange group, the world leader in derivatives trading and risk management, and the largest, most well-known venue for capital raising and equities trading,” the exchanges said.

ING Group, the Dutch-based financial services institution, said today that it has decided to sell the “majority” of its ING Real Estate Investment Management businesses in two separate transactions worth more than $1 billion.

The market's heating up and banks and investment houses need new or better employees to fill their holes and more and more of them are looking outside the industry for help.

The “Who Knew” campaign showcases the firm’s four- and five-star-rated funds.