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Edward Jones, a St. Louis-based brokerage firm, announced Monday that it has added 12 model portfolio to its mutual fund and exchange-traded fund advisory program.

Jakob Stott has been hired from JPMorgan to head its European wealth management unit.

BlackRock Inc., the world's largest money manager, said on Monday it will buy Taiwanese fund management firm Primasia Investment Trust.ust.

The U.S. economy has been so sickly for so long now it's hard to remember just a few years ago, people in this country were blissfully, ignorantly riding the wave of a housing bubble into what they figured would be a long and fruitful retirement.

Perkins Investment Nabs Veteran Consultant Ron Zia

The New York money manager plans to acquire Primasia Investment Trust Co. to enter Taiwan's domestic mutual fund market.

The St. Louis brokerage firm added 12 model portfolios to its mutual fund and exchange-traded fund advisory program, Edward Jones Advisory Solution.

Retail demand for municipal bonds continued to surge last week as mutual funds that invest in state and local government debt posted their second biggest weekly inflow of the year.

Illinois regulators closed the $493 million-asset Palos Bank and Trust Co. late Friday, the 110th failure of the year.

The week after Wells Fargo announced the closing of its storefront subprime lending unit, Citigroup's CEO delivered an impassioned defense of keeping alive his similar operation.

"Hard Wired" program is designed to help advisors understand client behavior, construct portfolios and build their firms.

As advisor headcount continues to shrink, Cerulli suggests a strategy that might attract newcomers to an industry that’s tough to crack.

Martin Kanefsky, the former owner and chief executive officer of a Great Neck, N.Y.-based firm that helped municipal issuers secure guaranteed investment contracts for their bond proceeds, pleaded guilty to participating in two separate fraud conspiracies as well as wire fraud, the Justice Department announced Thursday night.

Fund flows in July offered mixed messages regarding investors’ appetite toward risk.

WASHINGTON — Martin Kanefsky, the former owner and chief executive officer of a Great Neck, N.Y.-based firm that helped municipal issuers secure guaranteed investment contracts for their bond proceeds, pleaded guilty to participating in two separate fraud conspiracies and wire fraud, the Justice Department announced Thursday night.

RBC Wealth recruited Jason Braunstein from Morgan Stanley.

The Securities Industry and Financial Markets Association has asked the Securities and Exchange Commission to allow the use of "flash orders" in options markets.

The Securities Industry and Financial Markets Association has asked the Securities and Exchange Commission to allow the use of "flash orders" in options markets.

Computer-coding error in quant strategy appears to be cause for the firing.

The FDIC will soon post bi-weekly records of closed-door meetings it holds with bankers and other stakeholders regarding regulatory reform, the agency said Thursday.