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Closed-end municipal bond funds continue to enjoy shelter from the turbulence plaguing the rest of the sector.

BlackRock has reduced the fee on its iShares Comex Gold Trust exchange-traded fund by more than a third, to 25 basis points. The firm apparently is tossing its hat into the ETF fee wars started by Schwab, Fidelity and Vanguard.

While using technology, advisors expect aggressive growth over the next five years, according to a Schwab study.

As boomers try to stabilize their retirement assets, should they put their home in play?

Bank of America/Merrill Lynch has recruited David Oman from UBS to serve as chief risk officer for Europe, the Middle East and Africa operations.

Advisors with a sympathetic ear can find planning opportunities helping wealthy clients worried about higher taxes and market uncertainty.

Robert S. Matthews worked for Smith Barney and Citigroup for the past 25 years in its global private banking, wealth management and family office services units. He replaced Kevin McCabe, who was president and chief executive officer since Fieldpoint was founded in 2008.

UBS Wealth Management Americas struck an agreement with Richard Bernstein Advisors, a specialist in long-term, macro research.

State Street Corp. has sued three of its former executives for creating a new rival in securities lending.

Baird Private Equity, the global private equity group of Robert W. Baird & Co. announced the promotion of Michael Liang to partner of Baird Venture Partners, the hiring of Jamie Bellanca as an executive-in-residence with Baird Private Equity and Lily Wang as an associate with Baird Capital Partners Asia.

The Federal Deposit Insurance Corp. is not waiting for regulatory reform's enactment to develop plans for a new resolution system.

When the largest banks report second-quarter results this month, there will likely be less to brag about on the credit front, and tough questions to answer about the probable impact of financial reform.

State Street Corp. has sued three of its former executives for creating a new rival in securities lending.

Prompted by a shift toward defined contribution plans and regulatory changes, European fund managers and their asset servicing providers will increase their spending on portfolio management and accounting systems to $787 million by 2012, from about $646 million in 2009, according to a report released by Aite Group.

According to a report, S&P 500 defined pension plans rose to 81.65% from 78.1% a year earlier, but remains significantly underfunded by $260 billion.

The wealth management group at Bank of the West of San Francisco, has benefited from the market rebound, but owes much of its growth to new assets.

The group will be led by Nadine Chakar, who was head of Europe, Middle East and Africa asset servicing.

Bring in Michael Bloomberg. He's going to be available in three more years. Tap him now, as the next SEC chairman.

Citi and Bank of America Merrill Lynch continue to vie for the top underwriting position in the municipal bond industry, according to mid-year rankings from Thomson Reuters.

Investors pulled cash out of municipal bond mutual funds last week for just the third time in a year and a half, despite a strong week for state and local government debt.