Portfolio

After selecting an asset allocation for clients, locating assets where they are most tax-efficient is critical.

The agreement would end the 16-day-old government shutdown and extend U.S. borrowing authority, which lapses tomorrow. House Republicans today signaled that they will allow it to pass. The biggest remaining question is how quickly the agreement could become law. The first votes could be held as soon as today.

The firm told clients its money-market funds aren’t holding Treasuries that mature in the next month as Congress debates whether to raise the U.S. debt ceiling.

With $1.4 billion in assets already, firm aims to become a Southern California giant.

Three big industry names are joining forces to form a new wealth management firm, Lebenthal Wealth Advisors.

To Outsource or Not to Outsource

To Outsource or Not to Outsource

Fama’s Nobel Work Shows Active Managers Fated to Lose to Indexes

Morgan Stanley Funds Join Rivals in Shunning Some Treasuries

Invesco’s Woodford Leaving After 25 Years to Set Up Fund