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As many single family offices remain concerned about their long-term sustainability, money is pouring into multi-family offices, according to the Family Wealth Alliance.

WASHINGTON—The Treasury Department released interim guidance yesterday instructing municipal issuers how to issue four tax-credit bonds as direct-subsidy bonds, as was authorized by a jobs law enacted in March.

The Newsweek correspondent said “Obama is trying to rally populist sentiment against Wall Street."

A former UBS client who claimed he hid his money in a Swiss bank account because of his parents’ experiences fleeing the Nazis was sentenced to 10 months in prison.

Sen. Scott Brown of Massachusetts says the proposed reforms would treat mutual funds like banking products.

The Treasury Department released interim guidance yesterday instructing municipal issuers how to issue four tax-credit bonds as direct-subsidy bonds, as was authorized by a jobs law enacted in March.

Orcel will maintain his existing role as executive chairman of global banking and markets

WASHINGTON — Republicans, as promised, banded together to block Senate debate on financial regulatory reform legislation Monday, picking up opposition from one Democrat, Sen. Ben Nelson of Nebraska.

Armed with its first full period of earnings since buying Barclays Global Investors, BlackRock announced its profits quintupled in the first quarter.

As Treasury Secretary Timothy Geithner reached out to Republicans to get them on board with financial reforms, Sen. Scott Brown of Massachusetts, who won the seat vacated by former Sen. Edward Kennedy, vociferously defended the mutual fund industry.

Wherever the money’s going, it’s not going to municipal bond mutual funds.

The Hong Kong Securities and Futures Commission said Monday it is seeking court orders to issue a trading ban against New York-based Tiger Asia hedge fund over alleged insider trading and market manipulation.

NEW YORK—Dividend-paying stocks may be the best option for investors looking for income, said Jason Brady, managing director and portfolio manager of Thornburg’s limited-term income and U.S. government strategies funds, speaking at the annual spring forum of the Financial Planning Association’s New York chapter last week.

Although financial advisers expect 2010 to be a great year, wirehouses are still feeling the turbulence, and concerns about breakaway brokers, although waning, remain, according to Aite Group.

A few months after its acquisition by Intuit, Mint.com has linked up with Intuit Financial Services’ aggregation capabilities, a move that should add millions of potential users to Mint.com’s roster, which currently totals one million people.

Ladenburg is making to deal to expand its trust services for its advisors.

Armed with its acquisition of Barclays Global Investors, profits quintupled, but analysts expected more.

The announced deal is part of Stifel’s continuing effort to expand its investment banking and capital markets businesses.

A Thornburg portfolio manager says dividend-paying stocks may be income-seeking investors’ best option right now.

Putnam Replaces Managers On Three Funds With Veterans Brookby, Gao