Portfolio

Investors (and advisors) should be focused on the true facts of the U.S. economy and corporations and tune out the hype and happy talk from the media and Fed heads. Instead investors should focus on the real data.

“The smart money is coming in,” said industry consultant Tim Welsh, president of Larkspur, Calif.-based Nexus Strategy, “and now we’ll see how smart the smart money is. Can they wring efficiencies out of this model?”

Eaton Vance Corp has hired Bob Cunha as Managing Director of Marketing and Distribution Strategy, responsible for leading Eaton Vance's marketing efforts across all distribution channels, including the company's brand positioning and media relations efforts.

What a neat run have exchange-traded funds had.

The TCW Group is readying an emerging markets fund to add to its short list of emerging markets funds.

Securities and Exchange Commission commissioners and panelists at a roundtable Tuesday wrestled with how to improve the transparency of municipal bond trading and prices, particularly for retail investors.

The Nationwide Fund (NWFAX) is firing two sub-advisors and hiring another one to take their place.

Aristotle Capital Management is adding to its client service and marketing team. Catalina Llinás joins the firm as a managing director on the team.

Hundreds of small regionals and community banks account for about half the bank channel advisors. The other half lives at one of the top 10 banks (with the top two accounting for the majority.) Here is a countdown of the 10 biggest players in the bank channel this year, based on the total number of bank advisors.

An enforcement action from the Securities & Exchange Commission is a timely reminder to advisors to disclose any financial benefits their firm may receive from the broker-dealer it recommends to clients.