Portfolio

“People are starting to think more strategically about giving,” says Schwab Charitable President Kim Laughton. “It really started last fall. What’s nice is it’s continuing this year.”

BlackRock Inc., the world’s biggest money manager, said second-quarter profit climbed 32% as rising stock markets boosted fees.

PIMCO last month teamed up with product and technology platform provider Aria Retirement Solutions and insurer Transamerica Advisors Life Insurance Company to market contingent deferred annuities to asset-based fee-only registered investment advisors.

Inflows to long-term mutual funds were $1.28 billion for the eight-day period ending Wednesday, July 10, according to the Investment Company Institute.

Broadridge Financial Solutions today announced the closing of its acquisition of Bonaire Software Solutions, a provider of fee calculation, billing, and revenue and expense management solutions for institutional asset managers, wealth managers, mutual funds, bank trusts and hedge funds

Inflows to long-term mutual funds were $1.28 billion for the eight-day period ending Wednesday, July 10, according to the Investment Company Institute.

The division, created in 2001 and made up of affiliated RIA firms who custody their assets with Raymond James, now includes about 100 firms, approximately 250 advisors, and more than $8 billion in assets.

The need for advisors to tackle succession planning decisions now has garnered increasing attention and discussion in recent years. Yet, even as advisors tend to recognize the importance of taking action to prepare, many still have not gotten started.

Guggenheim Investments has launched two new BulletShares ETFs: Guggenheim BulletShares 2021 Corporate Bond ETF (BSCL) and Guggenheim BulletShares 2022 Corporate Bond ETF (BSCM).

Starting in January 2014, 51% of retirement plan sponsors will change their investment lineups, paving the way for more mutual funds to fill their needs, according to a Cogent Research study.