The number of asset managers participating in model portfolio programs has doubled over the past four years.
Wiley and Fisher Investments create joint venture to publish books written by asset manager's employees.
Charts displaying stock market activity or detailed stock analysis are common on investment or brokerage websites — an embedded music player would seem out of place.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
While many of the 45.8 million people born between 1965 and 1975 would like help with investing, the 32- to 42-year-old members of so-called Generation X probably won't be receiving much attention from financial firms anytime soon.
Extending the practice of fair-value pricing to indexes is being proposed to create better benchmarks, but some index providers aren't buying that idea.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
Some brokers at Merrill Lynch & Co. Inc. and Morgan Stanley have been hesitating to use new advisory options that their firms have deployed as replacements for fee-based brokerage accounts.
While many retirees are happier than their counterparts who are working, few who have retired have actually formulated a financial plan for their retirement years.
Last year, returns at the fund topped 30% after it took over some assets from Amaranth Advisors.
