Portfolio

The outlook for the asset management industry in 2013 is strikingly more positive than it has been in years.

Mutual funds continue to draw new money, although investors seem to be waning in enthusiasm following President Barack Obama's first second-term State of the Union address.

New research from Boston-based global analytics firm Cerulli Associates is reinforcing the benefits of outsourcing the chief investment officer function.

The list has been narrowed down. On Wall Street and New York Life/Mainstay Investments have named the top 100 branch managers for their steadfast leadership, commitment to their advisors, and their ability to recruit and retain talent no matter the circumstances. Click through for a breakdown firm-by-firm of those at the top.

Here we present a new look at our Top 50 Bank Advisors list, reshuffled and ranked by percentage increase in assets under management (and then we cut it down to just the top 20).

Total money market mutual fund assets decreased by $12.32 billion to $2.679 trillion for the week ended Wednesday, February 13, according to the Investment Company Institute.

Goldman Sachs Asset Management is opening up the flood gates to its Goldman Sachs Mid Cap Value Fund, according to a regulatory filing.

Tax-exempt money market funds suffered losses for the fifth consecutive week as $2.40 billion escaped the industry in the week ended Feb. 11 and total net assets finished with $280.07 billion, according to The Money Fund Report, a service of iMoneyNet.com.

The municipal bond market recorded a solid week of inflows to mutual funds, at $490 million, breaking a four-week string of dwindling demand.

What are the biggest technology trends, innovations and ideas impacting advisors today? Over 600 people, including more than 300 advisors, descended on Miami for the eighth annual Technology Tools for Today Conference. The event featured the industry’s best and brightest highlighting all the latest technology tools that will held advisors be more competitive, effective and efficient. Here are some of the most interesting things our editors heard, and advisors and financial experts tweeted, from the event.