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Although behavioral components are important, financial literacy and trust are critical variables in understanding 401(k) plan savings behavior.

Fear, regret, inertia, aggressiveness, and susceptibility can influence retirement investors to react to market uncertainty in ways that may not be in their best interest, according to a...

The Citi Smith Barney Working Wealth Investor Poll for May indicates a u-turn in affluent investors’ confidence.

While many high-net-worth Americans vow to make financial planning decisions without the aid of an adviser, a growing number admit they’re relatively clueless about investing.

Scott Wertheim has joined CAPTRUST Financial Advisors as a Vice President, Financial Advisor in New York.

Edward Jones ranks highest among 10 financial investment firms in satisfying their financial advisers, receiving particularly high ratings from advisers in support, people and firm performance.

Fidelity Investments’ Vice Chairman and Chief Operating Officer Robert L. Reynolds announced his departure today.

Many married couples are not in agreement when it comes to retirement plans - 22% of couples don’t even agree on whether or not they use the services...

Pershing Advisor Solutions LLC has launched a new program for independent registered investment advisers (RIAs) offering support in the area of practice management, including planning and marketing.

Dodd F. Kittsley, previously the director of the Strategy and Research Group for State Street Global Advisors (SSgA), has joined Barclays Global Investors (BGI).

Nearly one-third (31%) of baby boomers say they will have to cut back on their current lifestyle in retirement and 42% believe they will not have enough money...

Married men and women participating in a recent survey agreed that the top two reasons for turning to a financial adviser are to prepare for retirement (58% of...

The Securities and Exchange Commission’s (SEC) rule exempting certain broker-dealers who offer investment planning advice from strict disclosure requirements was overturned Friday.

The New York Court of Appeals ruled that the notices employers must provide to the National Association of Securities Dealers (NASD) when they terminate an employee cannot be...

The Advisory Group of San Francisco has launched a suite of services to help employers optimize their 401(k) plan and costs to determine whether fiduciaries and their participants...

Rejecting Merrill Lynch’s requests to throw out the award, a federal judge upheld a $14 million award to three former Merrill Lynch brokers fired over allegations of improper...

California-based National Retirement Partners Inc (NRP) has signed RolloverSystems to help with its asset-retention and rollover strategy.

A brokerage firm that gave investment advice to a profit sharing plan for a fee is considered a fiduciary under the Employee Retirement Income Security Act (ERISA), according...

Informa Investment Solutions, Inc. (IIS) is set to expand its wealth management services with the acquisition of Investment Scorecard, a company that provides fully outsourced, integrated client reporting...

More than two-thirds of major mutual fund companies have negative customer loyalty scores, according to a recent study by Cogent Research.