Portfolio

Francis Picarelli has been promoted from vice president to senior vice president at consulting shop Segal RogerCasey.

Three new reports suggest that the wealth management industry still needs improvement — and hint at a slowdown after recent growth.

One key element separates the fastest-growing RIA firms from their peers, according to a new Schwab report.

Advisors remain very bullish on U.S. equities and plan to allocate a greater percentage of their clients’ portfolios to the asset class over the next six months, according to a new survey by Aberdeen Asset Management.

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.

The Boston company said it is realigning to better serve advisors in the independent, bank, broker-dealer and family office channels.

Warning of a growing public pension debt crisis, Sen. Orrin Hatch introduced reform legislation on Tuesday that would allow state and local governments to invest in annuity contracts with private life insurance companies.

Purveyors of the Iron Horse Fund (IRHAX/IRHIX), a mutual fund deploying a signature covered call investment strategy, have announced a reduction in fees for the fund.

State Street Global Advisors is making a few changes to its lineup.

The Vanguard Group had its first monthly redemptions in almost 20 years in June as investors sold bond funds in anticipation of the Federal Reserve scaling back its asset purchases.