FSI is urging the U.S. Senate to pass a bill that would update 529 college saving plans.
The University of Miami found that American investors were less likely to invest in mutual funds that have managers with foreign-sounding names and fund flows suffered.
Ameriprise Financial announced on Tuesday that it has agreed to acquire the retail assets of JHS Capital Advisors, a Tampa, Fla.-based independent broker-dealer and investment advisor.
Deloitte's CEO and an Office of Management and Budget executive will be honored.