Portfolio

It may be some time before Congress and the Obama administration decide what to do about the tax rates for next year, so it’s a good idea to plan for various alternative scenarios just in case.

The election results, while no surprise, have pretty much left us where we were in terms of tax policy, according to Roger Harris, president of Padgett Business Services.

Total money market mutual fund assets increased by $31.24 billion to $2.578 trillion for the week ended Wednesday, November 7, according to data from the Investment Company Institute.

Municipal bond mutual funds saw heavy inflows, rebounding with authority from their first week of outflows in more than six months.

“Advisors talk about Black Swan events and tail risk – you didn’t hear retail planners talking about tail risk 10 years ago, or if you did it was the top 1% of the group. Now, it’s the new nomenclature,” said Jeff Montgomery, head of AFAM/Innealta Capital.

Defined contribution plan participants for the most part seem largely unaffected by updated fee disclosure requirements.

WisdomTree Investments has dodged a legal bullet.

Retirement accounts and contributions are growing bigger, according to Fidelity Investments.

Nottingham, an investment administration firm providing turnkey accounting and portfolio record keeping services for hedge funds and mutual funds, has added 10 r new mutual funds from three fund families to its platform.

Broadridge Financial Solutions has made two executive appointments to fill out its management team.