Margarida Correia

Unlike funds that target clean tech or alternative energy, the new ETF will focus on a broader universe of companies that have the goal of making money.

For the week ended June 13, investors placed an estimated $5.46 billion into virtually all categories of mutual funds, more than compensating for the previous week’s $1.55 billion outflow.

Jeffrey Mortimer will lead the firm’s investment strategy committee and play a lead role in communicating its insights on markets, investment dynamics and portfolio strategy.

Advisors significantly underestimate how many of their wealthy clients contribute regularly to charities and how much they give. This represents a missed opportunity for everyone.

Advisors are more committed than ever to helping clients with their retirement income planning but they still face a host of challenges.

401(k) auto enrollment has been all the buzz in retirement planning, and now it seems even more effective than expected.

Industry veteran Tom Hamilton joined the team as a wealth strategist to serve clients in Western Pennsylvania, Ohio and greater Chicago.

Zions Bancorp is ramping up its wealth management business with the support of third-party marketing firm PrimeVest Financial Services.

Income annuity sales in the first quarter climbed almost 23% to $2.16 billion from $1.75 billion a year ago. Indexed annuities, meanwhile, increased nearly 9% hitting $8.16 billion.

Advisors who want to position themselves for growth should set their sights on the next generation of investors who are poised to inherit unprecedented wealth.

Mutual funds managed to recover somewhat from the massive $4.9 billion outflow they endured mid May by posting the smallest weekly infusion so far this year.

The new Emerging Markets Corporate Bond Fund invests in bonds issued by companies in more than 30 countries in Asia, Latin America, Europe, the Middle East and Africa.

Patrick J. Cappatt joined the team to help the firm attract new clients, families, endowments and foundations throughout the Pittsburgh region.

Investors poured an estimated $4.2 billion into U.S.-listed exchange-traded funds and notes during the month of May, bringing total year-to-date inflows into exchange-traded products to $63.1 billion.

Mounting operational demands, the rapid pace of technology change and shifting investor dynamics are making it difficult to innovate.

Paul R. Turner joins Huntington Insurance as managing director of the Pittsburgh and West Virginia regions.

The new feature will allow Putnam 401(k) plan sponsors to provide their participants with a customized estimate of future health care costs.

Bank of America’s Merrill Edge program has added a new service to help families with special needs children.

A majority of financial advisors expect President Barack Obama to win the 2012 election even though they are rooting for Mitt Romney, according to an SEI Quick Poll.

Anticipated demand for personal trust services has prompted National Financial — the clearing and custody business of Fidelity Investments — to incorporate personal trust services into its broker workstation used by nearly 280 broker-dealer firms.