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The market crash was painful for investment firms and their clients, but it has been a boon for a boutique investment administration business in North Carolina.

Financial advisors want to know the most important key to becoming a top producer. Most think the answer must be a magical new product, an innovative new sales idea or a remarkable new marketing strategy. However, their jaws drop when they learn the truth. Nathan Bergeland, the CEO and founder of USAdvisors Network, offered some insights.

The Florida company, which was bought in May 2009 by private investors, raised $783 million in its initial public offering, more than 18% than what it initially expected.

T. Rowe Price Group announced better-than-expected fourth-quarter earnings on Friday as assets under management soared on inflows, particularly to target-date retirement portfolios.

This changeover includes 1.9 million clients with a total of $131 billion in assets.

Prudential Retirement has named Kara Segreto chief marketing officer, in charge of marketing, brand and promotional programs for the firm’s defined contribution, defined benefit, stable value, retirement income, retirement plan strategies, pension risk transfer and non-qualified benefits lines of businesses.

Vanguard on Friday launched the Vanguard Total International Stock ETF, which tracks the MSCI All Country World ex-USA Investable Market Index.

The funds joins the SPDR family and bring the total number of offerings to 96.

Commercial and industrial lending is rising at community banks, but it's unclear how much is due to a rebalancing and how much suggests a deepening economic recovery.

Panel has five new members

The SEC study is only the first step in the path to a uniform fiduciary standard.

The National Commission on the Causes of the Financial and Economic Crisis in the United States cast blame wide and far, in releasing its report Thursday on the causes of the 2008-2009 financial crisis. But not once in the 662-page report did high-frequency traders come up.

From big-ticket spending to long-term planning for their futures, American investors are taking a more conservative approach to handling their money, according to industry professionals.

JPMorgan Chase & Co. has tapped Irene Tse, a former managing director and portfolio manager from Duquesne Capital Management, to effectively replace the retiring Althea Duersten.

While endowments for the last fiscal year were able to post an 11.9% investment return, Commonfund President and CEO Verne Sedlacek said yesterday that most funds are “probably still 25% below where they were in 2007.”

State Street Global Advisors on Thursday has launched three new SPDR exchange-traded funds: the SPDR S&P Transportation ETF, the SPDR S&P Telecom ETF and the SPDR S&P Healthcare Equipment ETF.

The Investment Management Consultants Association announced that the cumulative pass rate for its CIMA qualification exam was 63% and the for the CIMA certification exam was 58%.

Morningstar’s ETF expert, Scott Burns, sees a long-term shift to passive investing, but “managed solutions” packaging ETFs will also grow rapidly.

New hedge-fund like vehicle will trade frequently

There seems to be a lot of "energy" (and sometimes anger) around the idea that some people provide full-service financial planning and some people call themselves planners while actually selling products or managing assets for a living.