Matt Ackermann

E-Trade Financial Corp. says it wants to cater to a greater number of long-term investors, as well as to its traditional base of active traders.

After a strong fourth quarter that saw assets under management and investment fees surge, T. Rowe Price Group Inc. still plans to follow a more conservative strategy than some of its peers.

Boston Private Financial Holdings Inc. hopes last year's strategic about-face becomes this year's growth.

After completing its $13.5 billion purchase of Barclays Global Investors, which closed in December, BlackRock more than doubled its assets under management, to $3.3 trillion, from $1.3 trillion a year earlier and became the industry's largest money manager as measured by assets.

In trying to help the middle class save for retirement, President Obama may also have given a boost to the annuities business.

Massachusetts Mutual Life Insurance Co.'s new chief executive plans no major changes to its growth strategy, except for the modifications that real life thrusts upon it.

Evercore Wealth Management announced Monday it had agreed to buy Morse, Williams and Co. Inc.

Bank of America plans to spend $15 million to $20 million on a campaign targeting retirees. The four-month "help2retire" campaign, which kicked off Monday, will include ...

Legg Mason Inc. said Thursday that profit rose from a year earlier in its fiscal third quarter, which ended Dec. 31, but declined slightly from the previous quarter as assets fell.

After a wild 2009 the movement of financial advisers from wire houses to independent channels is "stabilizing," Raymond James Financial Inc.'s top executive said Thursday.

With investors returning slowly but surely to the markets, assets rose in the fourth quarter at three prominent financial firms that manage wealth.

As it waits for the fee income that will come once interest rates rise, Bank of New York Mellon Corp. will continue to try and control costs and focus on expanding its asset management and asset servicing businesses overseas.

TD Ameritrade Holding Corp.'s top executive said Tuesday that the company's trading activity has improved this month as investors "reengaged in the market."

Real estate investment trusts earned higher returns during the past decade than investments in any other equity sector, according to research from the National Association of Real Estate Investment Trusts.

Taking more of a hands-off approach with its Merrill Lynch financial advisers, the Charlotte company had "historically" low broker attrition in the fourth quarter and even plans to add advisers this year, Sallie Krawcheck, the president of Bank of America Global Wealth, said during a conference call Thursday.

Huntington Bancshares Inc.'s wealth management arm aims to leverage "The Year of the Roth" into a closer relationship with its customers.

To expand its independent broker-dealer arm, Ladenburg Thalmann Financial Services Inc. has hired a team that had worked for Axa Advisors LLC.

As wealthy customers reevaluate their financial situations, PNC's wealth management advisers are increasing and improving their conversations with them in an effort to retain and expand relationships.

Institutional investors often do not take full advantage of exchange-traded funds, according to a study released Monday by State Street Corp., one of the largest providers of ETFs in the world.

With its typically strong December, the Fidelity Charitable Gift Fund reported a 4.8% increase in contributions last year, the Boston fund firm announced Monday.