Portfolio

Barnaby Grist, Cetera’s executive vice president of wealth management and a high-profile hire from Charles Schwab in 2010, is stepping down to care for his parents in England and his wife’s parents on the East Coast, says a spokeswoman for the broker-dealer network.

FUSE Research has picked up yet another British beau.

Dallas should be a dream market for independent advisors. But unlike the San Francisco, it has not been as hospitable to independent wealth management firms.

For the week ended March 20, investors steered an estimated $6.23 billion into taxable bond funds, more the three times the $1.97 billion they put into the funds a week earlier.

Two of Vanguard's international funds have switched indexes.

Hedge fund stalwart AQR Capital Management has added three "core equity" mutual funds to its growing mutual fund portfolio.

The Internal Revenue Service has released its annual list of tax scams, advising taxpayers to be aware of identity theft, phishing scams and several other red flags that can cause financial mayhem.

Aberdeen Asset Management has launched two new mutual funds: Aberdeen Latin American Equity Fund (ALEAX) and Aberdeen European Equity Fund (AEUAX) to satiate U.S. investors’ appetite for global exposure.

American Century Investments has named Joseph Schultz as Head of Intermediary Sales, responsible for the firm’s field and internal sales businesses, including wirehouses, regional and independent advisors, registered investment advisors, insurance company advisors and broker-dealer key account management.

Manulife Asset Management has expanded its equity capabilities today.