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But loans and hardship withdrawals are also on the rise.

A Morgan Stanley spokesperson confirmed that Art Martin, his son, Wade Martin, and John Rizzo joined the brokerage’s Lawrenceville, N.J office.

When Adam Tosh, the former CIO for the Kentucky Retirement Systems, left the Blue Grass State on a Friday for his new executive role at Darien, Conn.-based Rogerscasey, the approximately 800-mile drive did little to sway him from getting right to work that Monday.

An overwhelming majority of Build America Bond subsidy payments have been paid in full to BAB issuers, suggesting that concerns about offsets are dramatically overblown, according to new data on state issuers compiled by the IRS.

Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too low. Municipal bond mutual funds that report their figures weekly posted a net inflow of $927.1 million during the week ended Aug. 18, according to Lipper FMI.

Ellyn McColgan former president and chief operating officer of the Global Wealth Management Group at Morgan Stanley has been recruited to serve on the board of directors at Primerica

Ameriprise eliminates redundancies in mutual fund coverage following its acquisition of Columbia and subsequent merger with it RiverSource investment unit.

Sector has seen net capital withdrawals in seven of the last eight quarters.

Consistency is key to a successful outreach strategy, consultant says.

When asked whether municipal bonds can continue their record-setting ways, one of the most common refrains from market participants is: "why not?"

A day after New Jersey settled securities fraud charges with the Securities and Exchange Commission for failing to disclose to bond investors that it was underfunding its two largest pension plans, offering documents for the state's record $2.25 billion short-term tax and revenue anticipation note deal included several pages of disclosures about the woefully underfunded retirement plans.

The Congressional Budget Office Thursday upped the estimated cost of the Build America Bond program by $10 billion to $36 billion over 10 years in its new estimates on the fiscal 2010 budget deficit and economic outlook.

The Boston company said it was adding economic stress tests and investment performance heat maps to its risk analytics for institutional investors.

New report says insurers need to make accommodations for social media on business and IT roadmaps.

The Federal Reserve Board, the sole bank holding company regulator for decades, is about to experience a pretty new concept: a teammate.

After a two-year stint learning about client service as protégé to Tom James, Tim Killgoar will now direct customer initiatives for Raymond James.

The service, available to private bank clients, aims to help older people maintain their independence and quality of life.

The Securities and Exchange Commission (SEC) is slated to make a decision on whether it will update a roughly 30-year old set of proxy and investor shareholder rules at a meeting next Wednesday.

The regulator sanctioned the banking company for unethical CMO sales practices.

An increase in medical costs is forcing Americans to rethink their savings priorities, with many choosing to pour more money into monthly retirement savings, The First Command Financial Behaviors Index revealed.