Well, everyone wants a piece of the high-net-worth advisory biz. According to this morning's New York Post, Jamie Dimon and crew are planning on hiring thousands of advisors and support staff to rake in wealthy retail clients. Selected Chase banks...

Our own Stan Luxenberg, our long-time mutual fund editor, tells me: ...

Today the Investment Company Institute, the mutual fund lobby, reported: "Long-term funds—stock, bond, and hybrid funds—had a net outflow of $36.78 billion in August, vs. an outflow of $21.26 billion in July." Year-to-date: $25 billion has been...