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Fidelity says ongoing market volatility has led to increased need for advice.

He will replace Gary Wendlandt, the current vice chairman and chief investment officer, who will retire at yearend.

P&C leads bank-holding-company insurance sales upward in a soft market’s sixth year.

Four major municipal market groups are urging the Treasury Department to issue guidance confirming that the existing regulatory framework on issue price for tax-exempt bonds also applies to Build America Bonds and stating that if issuers follow certain long-standing practices, they can be confident they are complying with the rules in this area.

A monumental shift is taking place in the mutual fund industry as wholesalers move to mobile apps for smartphones and tablet computers - en masse.

After three months of an active industry search, Grubb & Ellis has opted to name Michael Rispoli, the current CFO of its investment subsidiary, as the new lead financial officer and executive VP for the real estate services investment firm.

Tim Purcell and the former JPMorgan Partners Latin American team will likely attempt to top its $200 million debut fund.

Although the Obama administration sought to avoid granting carve-outs as part of the regulatory reform bill, the final law is riddled with them.

A gust of stock offerings is expected from community banks, some bracing for heightened capital standards, others seeking to repay government capital and a few chasing acquisitions.

Major Wall Street, business, political and consumer finance magazines are warning investors about hidden 12b-1 and 401(k) fees, various share classes and the loads ascribed to them.

While quantitative analysts may feel they are no longer taking the blame for the financial crisis, they believe their work is still “misunderstood” by top executives.

Kathleen Hegenbart remembers the moment, five months ago, that proved a turning point for her. As is often the case in real life, it was not a dramatic office showdown. It was lunch. On a Wednesday.

The majority of advisors believe market structure issues were the primary reason for the “Flash Crash” on May 6, according to new research by BlackRock that was released on Monday. And despite new guidelines proposed by the SEC, advisors believe a similar event will likely happen again.

The 2008 crisis accelerated changes in how bank customers want to interact.

Fund Manager Sentenced Six Years on Tax Charges

Major Wall Street, business, political and consumer finance magazines are warning investors about hidden 12b-1 and 401(k) fees, various share classes and the loads ascribed to them.

Bank of America Merrill Lynch has hired David Tyrie, formerly with Putnam Investments, as head of personal retirement services. He will report directly to Andy Sieg, head of retirement and philanthropic services division.

Securities lending, once considered a mundane middle and back office operational chore, is quickly becoming the target of scrutiny from savvier plan sponsors who want a far better understanding of the financial benefits and pitfalls.

Cathe Tocher has excelled as a portfolio manager through very good times and bad. She is senior vice president of investments at Great-West Life & Annuity Insurance Co., whose five- and four-star Morningstar-rated stable-value portfolios continue to be embraced by the 401(k) marketplace.

With many investors embracing target-date mutual funds, Americans are now on the right track with retirement savings, according to a Vanguard study.