Portfolio

Base salaries for hedge fund and mutual fund managers are projected to increase 3.5% and incentive pay is projected to rise by 0-10% from 2011 to 2012, according to a new study from Greenwich Associates and Johnson Associates.

Industry experts and thought leaders make their predictions about what is to come for advisors and investing in 2013.

The Financial Industry Regulatory Authority has ordered Pruco Securities, a securities broker-dealer owned by Prudential Financial, to pay more than $10.7 million to customers who placed mutual fund orders via facsimile or mail and received an inferior price for their shares.

Base salaries for hedge fund and mutual fund managers are projected to increase 3.5% and incentive pay is projected to rise by 0-10% from 2011 to 2012, according to a new study from Greenwich Associates and Johnson Associates.

State Street Global Advisors is currently prepping three new exchange-traded funds to add to its lineup.

Defined contribution plan sponsors were hit with a number of initiatives this year including fulfilling the Department of Labor’s fee requirements and weighing the pros and cons of retirement income products.

Eagle Asset Management today announced that it has completed the purchase of a 45% ownership stake in San Diego-based ClariVest Asset Management.

Goldman Sachs Asset Management is currently prepping an alternative mutual multi-manager fund to launch in 2013.

The Women Advisors Forum convened for its last 2012 event on Dec. 17 in Boston. Among the topics discussed include tips to facilitate the recruitment process, how to use technology to improve communication with clients, sustainable investing as a long-term strategy and new approaches to practice management. Check out these photos for some of the highlights from that day.

Celebrating its two-year anniversary with an announcement of its 11-figure status, New York-based Dynasty Financial Partners aims to separate itself from the myriad of firms offering services to registered investment advisors.