Donna M. Mitchell

Ivy Asset Management, the embattled hedge fund of funds, is shedding one of its most prized employee assets — Patrick Thomson — as it prepares to close down.

With many investors embracing target-date mutual funds, Americans are now on the right track with retirement savings, according to a Vanguard study.

Online financial management tools may have caught the attention of younger investors, but a recent survey by Capstrat-Public Policy Polling suggests the Internet is a long way from gaining everyone else's trust.

Sometimes regulatory changes that are meant to benefit investors end up taxing industry professionals, though this does not appear to be the case for the Securities and Exchange Commission's new format for investment company brochures.

TD Ameritrade Institutional said ramping up services to help breakaway brokers paid off in fiscal 2010, with 212 brokers joining firms using it as their custodian.

After two years of economic and market volatility, consumers surveyed by the Certified Financial Planner Board of Standards are more concerned about their finances.

Murphy Capital Advisors has expanded its assets under management by 107%, to $50 million, since mid-2007. Like many of his peers, President Matthew J. Murphy said he thinks using technology plays an important role in practice management.

Financial advisers helping their clients ride out tough and volatile equity markets might be interested in reading a recent FundQuest study that found just five mutual fund categories generated positive real alpha in both bull and bear markets.

Under the theory that lucrative investment opportunities like alternative energy will be more likely to spring from overseas markets, Fidelity Investments is positioning its 20-year-old environmental energy mutual fund right at the crossroads of those two sectors.

In June, advisers were more confident about the longer-term prospects for the U.S. economy and the stock market, according to Rydex | SGI AdvisorBenchmarking.

Schwab Advisor Services is taking steps to ensure that it and its adviser clients move in lockstep to avoid running afoul of the IRS' broader cost-basis reporting rules.

Equity investors could not shake off their anxieties in May about the European sovereign debt crisis and what that would mean for credit markets here.

Most registered investment advisers spend decades building a practice based on a solid reputation with a core clientele.

Expansive, diverse and home to many wealthy people, Southern California is a tantalizing market for BNY Mellon Wealth Management.

Amid stock market gyrations, stagnant employment numbers and uncertainty about interest rates, a significant majority of online investors polled by the Web-based brokerage TradeKing are still counting on the U.S. to lend horsepower to a global economic recovery.

Chicago-based FPL Advisory Group, an executive search and consulting firm with clients such as real estate investment trusts, real estate managers and private-equity managers says it now wants to represent top talent in asset and wealth management, too.

Last week's initial public offering by the Palo Alto, Calif., company, a retirement plan adviser co-founded by a Nobel Prize winner, affirmed investor belief in a business model offering low-cost sophisticated retirement advice to individual investors.