Portfolio

Assets of all exchange-traded funds rose in May by $12.14 billion to $1.481 trillion, according to the Investment Company Institute. Over the past 12 months, ETF assets rose $365.27 billion, or 32.7%.

More than 80% of people who do not work with a financial advisor only plan their finances for the short term, according to a new global survey by deVere Group, the world’s largest independent international financial consultancy group.

Bond yields and risk spreads were too low two months ago and global markets that were too levered are now derisking, according to Bill Gross, manager of the world’s largest mutual fund at Pacific Investment Management Co.

Increasing emphasis on client satisfaction may be changing the way wealth managers get paid and how they are evaluated.

During the week ended June 19, investors yanked an estimated $7.97 billion from taxable and municipal bond funds.

Mutual funds gave back $5.43 billion for the week ended Wednesday, June 19, according to the Investment Company Institute.

A new FINRA rule aims to make information on brokers’ disciplinary actions more available and searchable.

A pair of Supreme Court rulings Wednesday will bring major changes for advisors who work with same-sex couples. What will this mean for your practice?

Summer is an opportunity to soak up the sun, spend time with friends and family, and enjoy the little things in life. But that doesn’t mean you can’t get ahead. Check out 20 books that could give you an edge on the competition.

Broadridge Financial Solutions has agreed to acquire Bonaire Software Solutions, a provider of fee calculation, billing, and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.