Financial planning

Global exchange-traded funds and exchange-traded products last month experienced outflows for the first time in two years losing $3.98 billion.

Total assets in municipal bond funds rebounded after a week of record outflows, even as investors continued to redeem their cash for the sixth week in a row.

A Philadelphia district court handed down a $100,000 fine and six-month prison sentence for allegedly unlawful trades.

St. Louis-based Buckingham Asset Management has added JWA Financial Group of Dallas in its latest acquisition.

If federal regulators move ahead with a plan to impose a uniform fiduciary standard of care on investment advisors and broker-dealers, financial professionals anticipate that the cost of doing business will increase, with a result of higher client fees and more limited services, according to a new survey.

Nearly 70% of Millennials have no retirement plan, according to a new survey.

Sen. Pat Roberts, R-Kan., and Rep. Tom Price, R-Ga., have introduced legislation in the Senate and the House to block foreign governments from collecting taxes on securities transactions.

In investors' epic search for yield, one strategy in particular has risen to the top this year: loan participation mutual funds and ETFs.

Investors yanked $28.54 billion from long-term mutual funds were $28.54 billion for the week ended Wednesday, June 26, according to the Investment Company Institute.

The average person checks their phone every 6.5 minutes, according to a recent study by Nokia, and with dozens of apps on the average smartphone, it’s certainly easy to spend your days distracted by Angry Birds and Instagram. Financial advisors, however, pinpoint these smartphone apps as essential in helping to make their businesses and lives more efficient.

While a new report on multifamily offices finds big growth industrywide -- nearly 10% asset growth in 2011, the last year cited -- family office executives said a "primary growth constraint" was the ability to hire dedicated business development professionals.

Asset management deal activity rose during the first four months of this year as compared to a year earlier, according to a new report by Freeman & Co.

The recent market selloff battered municipal bonds unevenly, as those investors holding credits with higher coupons fared the best.

The number of disciplinary actions rose as the regulator invested in new platforms and technology to broaden oversight.

In the current issue of Bank Investment Consultant, contributor Michael White details some of the reasons that thousands of community banks have opted to not offer wealth management services to customers. White says these banks are making a mistake, and uses an analogy to outdated hi-fi audio systems to illustrate their backward thinking. He even offers his analysis in the form of an acronym: HI-FI.

The $2.1 trillion global exchange-traded fund industry has been growing at a rapid clip since the SPDR S&P 500 ETF was launched two decades ago as a means for institutional investors to access passive exposure to the S&P 500 Index.

Eighty percent of investors under the age of 40 don’t feel like they are getting adequate financial advice from their advisors, according to new findings from Cerulli Associates, leaving the doors wide open for asset managers and retirement plan recordkeepers to fill the advice gap.

Non-traditional investment allocations in defined contribution plans, while commonplace in defined benefit pension portfolios, are a rare sight in today's retirement plan lineup.

Should financial advisors leave their smaller accounts behind when they switch firms?

Frustrated by a lack of response from regulators on the “ability to pay” exemption, the industry trade group says it’s going to take action this time.