Dictation software frees advisers from the mouse. The MMI and Peridrome predict savings to the managed accounts industry.
Second quarter data was not as strong as the 2.5% rate that had been predicted by economists polled by Thomson Reuters.
Indexes apply environmental, social and governance performance factors to a U.S. fixed-income asset class.
In an arbitration case allegedly involving stolen stock, Wachovia Securities was ordered to pay clients $5.3 million in damages.
After posting an 11.25% drop in June, real estate investment trusts rebounded in July, rising 2.8% for the month, NAREIT and FTSE Group reported today.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
Twelve finalists for the second annual Community Leadership Awards have been named.
The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.