Matt Ackermann

Mariner Wealth Advisors of Leawood, Kan., has acquired CBIZ Wealth Management of Cleveland, an individual wealth management firm formerly associated with CBIZ Inc.

A survey by TD Ameritrade shows that independent registered investment advisers are worried about the time and money associated with pending regulatory changes.

Most asset managers expect revenue and assets under management to grow next year, despite concerns about regulatory changes and information technology operations.

Investors who work with a financial professional report saving significantly more for retirement, according to research by ING Retirement Research.

Bank of America Merrill Lynch announced Monday that it has introduced electronic foreign exchange options trading for institutional and corporate clients.

Thirteen percent of affluent Americans closed at least one investment account in the last year, more than double the pace in the previous five years, a report says.

According to a study by Aon Hewitt, Generation Y workers can expect stagnant wages, job insecurity and a steady decline in pension plan and retiree medical benefits.

Dynasty Financial Partners of New York has hired Michael C. Brown as a partner and director of wealth management.

The chairman of the Certified Financial Planner Board of Standards' board of directors said it is expecting "double the normal attrition" as a result of an 80% fee increase to fund a national public awareness campaign.

Pre-retirees who continuously held a 401(k) plan with Fidelity Investments for the past 10 years more than doubled their account balances, the Boston fund company said.

Morgan Stanley's top official said his company, owner of 51% of Smith Barney, remains committed to buying the rest of it despite flux in the financial industry.

Chilton Investment Co. has started a trust unit to work with ultrawealthy individuals.

Janus Capital Group Inc. said Monday that it has launched three separately managed account investment strategies for U.S. institutional investors.

Cash management is one of the strongest growth areas for Bank of America Corp.'s Merrill Lynch unit, Sallie Krawcheck, president of global wealth and investment management at B of A, said Thursday.

To help registered independent advisers develop additional business with ultrawealthy clients, Fidelity Investments has started a program that will allow them to use the Boston company's family office services.

The Financial Industry Regulatory Authority announced that it had fined the former Ferris, Baker Watts LLC $500,000 for inadequate supervision of sales of reverse convertible notes to retail customers.

Business owners are not planning to hire, and most are not expecting the economy to recover next year, according to financial advisers surveyed at PEAK's Excell national conference.

Assets held in exchange-traded funds posted 10.6% growth in September, according to data collected by State Street Global Advisors.

The Certified Financial Planner Board of Standards has proposed raising its membership fee by 80% to support a marketing initiative.

Two weeks after announcing an adviser-sold 529 college savings partnership with the state of Nevada, Putnam Investments said it would expand sales of the Putnam 529 for America program nationally.