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The independent wealth manager’s move marks another step in its aggressive growth strategy.

Two advisor trade groups - the Securities Industry and Financial Markets Association and Financial Planning Coalition, which consists of the Certified Planner Board of Standards, the Financial Planning Association and the National Association of Personal Financial Advisors - finally sent in their comment letters to the Securities and Exchange Commission regarding Section 913 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, or what the Commission should do about enforcing a blanket fiduciary standard for all financial advisers.

Members of the Financial Crisis Inquiry Commission sought to overturn the conventional wisdom that Wells Fargo's purchase of Wachovia was done without government assistance.

Schwab survey finds that the majority of boomers aren’t planning to delay retirement.

A National Bureau of Economic Research study has concluded that while Build America Bonds have succeeded in their mission to lower financing costs for state and local governments, traditional tax-exempt bonds still offer more enticing after-tax yields to individual investors.

According to a survey by Cogent, among the top five providers of exchange-traded funds, Vanguard is the only one to make gains in 2010, climbing 10 percentage points to become a “true iShares challenger.”

The Securities and Exchange Commission has charged two former senior accounting professionals at headphone maker Koss Corp. with accounting fraud, books-and-records violations, and related misconduct arising from the embezzlement of more than $30 million from the company.

Community banks reported investment program income of $110.1 million for the first quarter, up from 4.6% in '09's fourth quarter and a 12.6% jump from the first quarter of '09.

The FDIC chairman said the agency would soon publish an interim rule on its new resolution authority over systemically important banking companies and certain nonbanks.

Financial advisers rate Vanguard the No. 1 provider of exchange-traded funds, giving the company high marks on nine out of 10 metrics, Cogent Research found, in its 2010 Adviser Brandscape survey of 1,560 advisers. Vanguard rated a Net Promoter Score (NPS) of 33%, compared to market share leader Barclays iShares’ 20%. NPS is a standardized loyalty metric developed by Bain & Co. and deployed across many industries, according to Cogent.

Market volatility means many entrepreneurs are focusing on the survival of their businesses ahead of their retirement plans.

With the SEC’s fiduciary-standard study period drawing to a close, SIFMA and FPC comment letters take up familiar arguments.

The Securities and Exchange Commission has announced that Christopher R. Conte, associate director in the division of enforcement, will leave his post at the regulator after 18 years.

Banks and thrifts had their best performance in almost three years during the second quarter, earning $21.6 billion, a 16% jump from a quarter earlier, the Federal Deposit Insurance Corp. said Tuesday.

UBS hired Jerry Pascucci as head of alternative investments.

Dramatic decrease comes as advisors fret about lack of job growth.

RIA customers can also receive alerts on short-term redemption fees.

While 2010 fixed-annuity sales can’t hold a candle to freakishly high sales a year ago, widening spreads are making it a pretty good year.

Mortgage-backed securities, especially those paying higher rates of interest than comparable Treasuries, are gaining an increased amount of attention from investors who have been sitting on cash.

The Securities and Exchange Commission announced Monday that Christopher R. Conte is set to step down from his post next month after 18 years at the regulator.