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Investors Exhale and Look Ahead

Advisors would rather seek investment opportunities than revenge.

Their clients are fed up with Washington as a general rule.

What’s hot and what’s not in proposed financial services reform legislation.

Sun Life Financial is announcing the new Sun Life Rising Star Awards program, through will it will provide more than $1 million in grants, scholarships and financial education to thousands of at-risk youth and the non-profit organizations that work on their behalf. The program recognizes high school students who are committed to furthering their education.

Assets under management increased 8.5% over the quarter to $155.2 billion.

One silver lining was the firm’s wealth advisory group.

The online brokerage company wants to add longer-term retirement customers and wealthier clients to its base of day traders.

New Post Puts Welling in the Back Office and Front and Center. Also we look at other people that have changed firms in the past week.

The Great Recession has prompted an overwhelming majority of American workers to believe it’s time for a new and improved model for workplace retirement programs, Prudential Financial found in a survey.

The Spectrem Millionaire Investor Confidence Index advanced one point in January to -9, marking the sixth straight month it has been in neutral territory. It declined six points in December.

Delaware Investments has launched the Delaware Macquarie Global Infrastructure Fund in partnership with Macquarie Capital Investment Management, sub-advisor to the fund.

The ETF Council, a new trade organization for exchange-traded funds that will focus on both marketing and lobbying, is set to launch next month.

Reserve Funds’ Primary Fund on Friday will make its sixth payment to investors. The $3.4 billion payment brings total payments to $50.5 billion, or approximately 99% of the fund’s assets as of Sept. 15, 2008, excluding the value of the Lehman Brothers securities it held, now valued at zero. Before the fund’s net asset value fell below $1.00 on Sept. 16, 2008, the fund held more than $60 billion.

As personal financial management software gains traction at banks, vendors are starting to tinker with its long-established formula.

WASHINGTON — Treasury Secretary Tim Geithner used a hearing on the bailout of American International Group Wednesday to repeatedly endorse President Obama's plan to impose a 15 basis-point tax on large banks and restrict their growth and activities.

WASHINGTON — Though there is growing concern that interest rate increases will catch banks off guard, regulators are split on how big the threat is.

Zions Bancorp. executives argued this week that their business is getting back to normal, but it might be time for a company with beachheads in the troubled Southwest to redefine what normal is.

After the recent massive meltdown it’s no surprise that 81% of registered investment advisory firms and 79% of brokers/advisors believe that traditional asset allocation relying on stocks, bonds and cash provides insufficient portfolio diversification.

The Securities and Exchange Commission voted 4:1 Wednesday to substantially raise the standards for the types of securities that money market funds may hold; to require them to disclose their holdings and net asset value every month; and to have 10% of their assets liquidly available for daily redemptions and 30% weekly.