Portfolio

Total money market mutual fund assets decreased by $2.54 billion to $2.575 trillion for the week ended Wednesday, according to data from the Investment Company Institute.

Another strong week of inflows for municipal bond mutual funds indicated sustained heightened demand for munis. Funds that report their flows weekly recorded inflows of $706 million for the week ended Nov. 14.

Securities America announced Thursday that managing partner of Kelley & Mullis Wealth Management, Michael Mullis, has become a registered representative with the independent broker-dealer firm.

Managing a team is an important part of an advisor’s growing practice. As an individual advisor’s practice becomes more successful and complex, eventually a team structure becomes necessary.

Expect significant technological advancements from Charles Schwab & Co., Inc. in 2013.

Jeffrey Gundlach, Chief Executive Officer and Chief Investment Officer of DoubleLine Capital, has 50 billion reasons to smile this week.

Total money market mutual fund assets decreased by $2.54 billion to $2.575 trillion for the week ended Wednesday, according to data from the Investment Company Institute.

The Board of Trustees of Henderson Global Funds has agreed to liquid the Henderson Money Market Fund on December 28, according to a Securities and Exchange Commission filing.

Despite negative market sentiment due to concerns over the looming Fiscal Cliff, many investors are unprepared for it, according to a recent survey by Nationwide Financial.

Investors are lowering their expectations for their retirement lifestyles, but is that enough? Not according to a new survey from BlackRock.