News

Long-term mutual fund flows turned positive in September for the first time in three months, with inflows of $3.8 billion, according to Morningstar.

MFS Investment Management has launched the next module in its Advanced (k) practice management program for defined contribution advisers.  

Long-term funds in Asia (ex-India and China, which report assets on a quarterly basis) collected $12 billion in net flows, according to Strategic Insight, an Asset International company. 

Mid Atlantic Trust Company (MATC) is offering reduced pricing for its ModelxChange service.   

Many financial advisers are not using the most efficient marketing tactics, according to a survey from ByAllAccounts, Inc., an account aggregation service firm. 

Bank of America is hiring more than 80 Merrill Edge Financial Solutions Advisors (FSAs) across the metro Northwest region, including San Francisco, San Jose, Sacramento, and Las Vegas. 

LPL Financial Retirement Partners has added a comparison function to its suite of tools for retirement plan advisers.   

The portion of full-time workers ages 21‒64 who participated in an employment-based retirement plan remained stable at 54.5% in 2010, according to the Employee Benefit Research Institute (EBRI).

Pensionmark Retirement Group announced the addition of four regional firms to its network of retirement advisers.

The guide provides an overview of the upcoming Department of Labor (DoL) regulations regarding fee disclosure requirements that service providers must provide to plan sponsors by April 1,...

ING Financial Partners has appointed Andre Robinson as Head of Advisory Business Development and Rich Taylor as Head of Brokerage Operations.  

Pershing Advisor Solutions, a BNY Mellon company, has published a white paper reviewing various independent registered investment adviser (RIA) models, to assist wirehouse advisers considering a change.  

Ashmore Investment Management Limited has launched the Ashmore Emerging Markets Small Cap Equity Fund.

Retirement Plan Advisory Group (RPAG), a retirement plan practice management firm, has developed training videos for its adviser members.    

Plan sponsors looking to add a retirement income product to their 401(k) or other defined contribution plan need to fully understand what fees participants will be paying for...

Four in ten pre-retirees between the ages of 56 and 65 who took Metlife’s “Retirement Income IQ” quiz believe that they will...

With private equity firms such as The Carlyle Group, Warburg Pincus, and Rosemont investing in registered investment adviser (RIA) businesses, Schwab Advisor Services says that the RIA model...

Mutual of Omaha’s Retirement Plans Division has enhanced its Third Party Administrator (TPA) retirement product platform.

Lori Van Dusen has founded LVW Advisors (LVW), a Rochester, New York-based independent registered investment adviser (RIA), which will join the Focus Financial Partners network. 

Morningstar's structured credit ratings business is introducing a residential mortgage-backed securities (RMBS) ratings and surveillance analytics service.