Bank of America Merrill Lynch said it will create a global service bureau for communications between banks on securities transactions.

After developing a new performance-reporting service among smaller firms, Morningstar rolls out its service for broker-dealers.

Nanex challenges SEC report that points to Waddell & Reed.

Prospects are spending more time online. Isn’t it time you had a Website that meets their needs?

Financial planners and investment advisors are moving broadly and quickly to adopt the Windows 7 operating system for their personal computers as well as the Apple iPad for their personal use, according to preliminary results of the 2010 Software Survey released Sunday at the Financial Planning Association's annual conference by Financial Planning magazine and virtual office consultant Joel Bruckenstein.

Equity markets in the United States suffered their second consecutive month of volume dropping more than 20 percent compared to a year ago. Daily volume is off 40 percent from May, the month of the market's Flash Crash.

Morgan Stanley has outsourced middle and back office services for its Alphas managed account platform to GlobeOp Financial Services.

Schwab study finds that strategy is key in effective deployment of tech services

Commissioners detail the trade that sunk the market, but won't comment on whose fault it was or what they're doing to fix the problem.

The new online tool offers state contacts directory, FAQs, and background info to aid advisors.

Kasina’s annual top 10 listing touts timely tools and portability of information as key factors for advisors.

Bank of America Merrill Lynch said it is forming a Global Futures and Derivatives Clearing Services group ”in anticipation of the substantial growth in OTC derivatives clearing.”

The addition to its open technology platform expands independent advisors’ access to third-party providers

The Unified Managed Account Exchange gives RIAs more control over product selection.

New core processing systems are helping a growing number of banks achieve a longtime goal: a comprehensive view of their customers.

After analyzing 13 planning tools, Boston-based Aite names the three best products.

RIA customers can also receive alerts on short-term redemption fees.

PNC is betting that its Virtual Wallet account, which has always focused on teaching consumers to be better savers, can also teach them to be better spenders.

On Wednesday Adhesion Wealth Advisor Solutions announced it improved its WealthADV technology platform to provide more ways for investment advisors to communicate with clients. The newest development: clients can now check their portfolios and performance reports with the iPad as well as most Mac and Microsoft Windows-based devices.

High-frequency traders are “market jackals” and not market makers, in increasingly electronic markets, JonesTrading Institutional Services said in a White Paper released Tuesday.