Portfolio

Bloomberg -- Evercore Partners Inc., the investment bank founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth- management unit.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of RIAs have to say about some of the most popular overseas retirement destinations among their clients.

Eileen Rominger, former head of the Securities and Exchange Commission’s Division of Investment Management, has decided get back to work after a year-long hiatus.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of advisors have to say about some of the most popular overseas retirement destinations among their clients.

Fewer RIAs this year are in the mood to sell thanks to stable growth in the markets.

The estimated U.S. mutual fund asset flows for July 2013 were released by Morningstar today. Investors added $15.9 billion to long-term mutual funds in July, driven by inflows of $7.9 billion into international-equity funds.

As risk has dialed up in today's uncertain climate, there has been a growing trend of mutual funds embracing the flexibility and creativity of various options strategies to dampen volatility and garner better returns.

Fidelity Labs, a part of the Fidelity Center for Applied Technology, Fidelity’s unit focused on innovation, previewed the Fidelity Market Monitor for Glass. This is the first investing Glassware widely available for Google Glass.

Nuveen Investments announced the Board of Trustees of the Nuveen New York Dividend Advantage Municipal Fund (NAN), Nuveen New York Performance Plus Municipal Fund, Inc. (NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NXK) approved a merger.

What summer doldrums? Focus Financial Partners, one of the country’s largest RIA aggregators, has made its second major deal in two weeks and fifth of the year, boosting its total assets to over $60 billion spread over 27 firms.