Demographics

Total money market mutual fund assets increased by $19.53 billion to $2.601 trillion for the week ended Wednesday, May 22, according to the Investment Company Institute.

Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.

Years after the peak of the financial crisis, mass affluent investors remain pessimistic about their finances.

Wealth management, broadly speaking, is seeing impressive growth. But “broadly speaking” is a frustratingly vague term and most of your clients are not among the economic winners of late.

Those who do use advisors are scrutinizing the guidance they get and realizing that true value is more than just investment returns.

Survey respondents estimate they will need on average about $66,000 in annual income, significantly less than their current average income of $115,000.

More than a third (35%) plan to spend all or part of the refund, while only 16% will save it. Nearly a quarter (22%) will use the refund to pay down debt and 4% will invest their returns.

Why banks focus more and more on affluent clients — and why they may miss mom and pop investors more than they think.

Men and women 35 – 64 with income of $150,000 - $249,000 may represent the ripest sales opportunities for advisors, according to poll by Nationwide Financial.

The new program streamlines reporting for clients and provides them with more concrete action plans to help them achieve their financial goals.

In a number of states, clients and prospects are seeking advice on managing new royalty cash.

The U.S. economy has turned the corner and experts see a better year for Wall Street.

Gen X and Gen Y investors account for one-third of all Americans with more than $100,000 in investable assets, up from 20% in 2010.

Through a new online tool that ages a consumer’s photo, investors can catch a glimpse of what they’ll look like many years down the road.

With the threat of the fiscal cliff and other uncertainties, wealthy investors are speeding up recognition of gains and taking other defensive measures.

More than eight in 10 (85%) are saving less than 10% of their income for retirement.

As America grows older, advisors shift practices from accumulating wealth to generating income.

10 tips to prevent the missteps that cannot always be repaired after the client's death.

Almost seven in 10 mass-affluent couples (69%) discuss their finances at least a few times a month. That’s more than what many spend talking about other topics, such as the election, work, sex, and even their kids.

Mass affluent and millionaire investors remain pessimistic about the near-term economic outlook, according to a survey by Phoenix Marketing International, but the results were a tad better than compared to the rest of this year.