Investments

A year ago, when opposition from the asset-management industry killed her plan to make money-market mutual funds safer, sec Chairman Mary Schapiro looked to Timothy Geithner, then the Treasury Secretary, to tackle “one of the pieces of unfinished business from the financial crisis.” It remains unfinished.

Building a successful fund requires a distinguishable brand, an effective marketing strategy, and a commitment to distribution support.

Bank of America’s Merrill Lynch has capped off the summer with a round of hires from Morgan Stanley and Wells Fargo.

BNY Mellon Wealth Management has rehired a former BNY Mellon veteran to oversee the business strategy for the wealth management business and spearhead the expansion of the sales force, the firm announced Tuesday.

Growth from both retail and institutional investors has been steady in what is now called ESG (environmental, social and governance) issues.

The bank’s new chief investment strategist is assessing the product platform and is looking to expand Webster’s investment offerings.

The country’s 20th-largest independent broker has a new name and a new pitch to independent advisors.

Ten years since the launch of the first equal-weight index, some persistent misconceptions about such indices remain. Here's a look at the role equal-weight strategies can play in a diversified portfolio.

Oppenheimer & Co., a unit of Oppenheimer Holdings announced the appointment of Doron Barness to Head of New York Institutional Equity Sales Trading, working out of the firm's New York headquarters.

The "do it yourself" investor crowd is not exactly new. But now it has a newfound source of power. A new tool on the market from Motif Investing makes it easier than ever for individual investors to create their own ETF-like investment funds.

Morningstar today published its inaugural issue of Financial Services Observer, a research report examining the competitive shifts in the U.S. wealth management industry, companies responses to industry changes following the financial crisis, and which companies Morningstar equity analysts think are poised to be a boon for shareholders.

First Financial Northwest in Washington ousted a longtime CEO, while HopFed Bancorp in Kentucky seated an outsider on its board and canceled an acquisition, under pressure from activist shareholders. More banks can expect similar fights.

Bloomberg -- Bank of America Corp. is seeking approval of a $160 million settlement from a judge who thrice rejected requests by black financial advisers at its Merrill Lynch unit to sue as a group over alleged racial discrimination.

These 20-somethings are just beginning their saving and investing journey and there's no time like the present to get them on the right track.

Impulsive investors have migrated from one asset class to another, resulting in a series of asset bubbles. If you zig when they zag, you can find buying opportunities.

With caregivers and family the most common culprits, advisors have become a first line of defense.

The modern version of balanced funds, these portfolios continue to make inroads with investors.

Predictions of a hard landing for this nation's economy are overblown.

Many planning metrics, used forever to craft retirement portfolios, are no longer valid. Here are the new numbers and strategies you'll need when planning for your clients' tomorrows.

A run-down of the stories in this issue, which includes discussions of the new crop of metrics that will influence your clients' retirement portfolios and the challenges of traditional long-term care insurance.