Wealth management

DWS Investments, the retail mutual funds arm of Deutsche Bank, named Michael J. Woods as regional head and chief executive, adding those titles and responsibilities to his current role as U.S. head of distributions.

The Financial Industry Regulatory Authority issued an alert to investors to look carefully into the potential risks of nonrecourse stock-based loan programs before participating in them.

Financial advisers closely guard their clients. Now a web-based upstart hopes to nudge its way into the relationship.

Citigroup Inc. President John Havens is working to overcome the injuries, many self-inflicted, its investment bank suffered in the financial meltdown.

Exchange-traded funds represent just a small portion of the portfolios of corporate and public pensions, endowments, foundations and asset managers, but a growing number of these institutions are using the funds for key functions and plan to increase their use of them, a survey found.

New rules proposed by the Securities and Exchange Commission could shrink the pool of investors for hedge funds and limit opportunities for some fund advisers to reap performance-based rewards.

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For a growing group of acquisition-minded community banks, fee-based businesses are looking like a more attractive way to bolster revenue and the bottom line than are traditional bank deals these days.

The oft-used warning about investments is also used for tax shelters: If it seems too good to be true, it probably is.

The online investment site Betterment announced that since its founding in May 2010 it has attracted more than $10 million under management and more than 4,000 users.

Lavish trips to award top-performing financial advisers all but disappeared with the financial crisis. Now big brokerages are remaking them in a way that's unlikely to rile Main Street.

While many parts of the mutual fund industry seem to have recovered, closed-end funds still face troubles that range from increased competition to the lingering effects of the 2008 crisis.

Carlyle Group is set to raise $950 million for investments in South America as the U.S. buyout firm assembles its first private-equity fund dedicated to the region, a person with direct knowledge of the plan said.

Workers would be limited in tapping 401(k) retirement plans for loans under legislation two senators plan to introduce that is designed to counter the erosion of retirement assets.

Mass affluent investors, those with $100,000 to $1 million of investable assets, are pessimistic about investing, a survey of 596 individual investors and 610 financial advisers by MFS Investment Management found.

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Younger planners have a lot to offer, but can face numerous hurdles to success, said Joseph D. Pitzl, director of financial planning at Intelligent Financial Strategies.

When it comes to tracking the master limited partnership market, investors need to pay attention to which benchmark they pick.

While clients often look to set a fixed rate of spending over retirement, some advisers say it's more realistic to expect it to rise and fall over those leisure years.

At time when more Americans than ever are petrified they won't have enough set aside for retirement, a Limra International Inc. survey suggests that peace of mind could be just a phone call away.