Portfolio

The Dow Jones Industrial Average fell 54.90 points Tuesday to close at 13,035.94. Meanwhile, the S&P 500 shed 1.64 points to end at 1,404.94 and the Nasdaq added 8.10 points to finish at 3,075.06.

The Coral Gables, Fla., based wealth manager continued it expansion by adding an advisors with 20 years of experience in investments and relationship management in the United States and Latin America.

The Hartford today is taking another step towards focusing on its mutual fund business by agreeing to sell its retirement plans business to rival Massachusetts Mutual Life Insurance Company (MassMutual) for a cash ceding commission of $400 million.

Eaton Vance Management has launched four new Eaton Vance-sponsored mutual funds sub-advised by Hexavest Inc., a Montreal-based investment manager in which Eaton Vance recently acquired a 49% ownership interest.

Does religion play a key part in the way investors and managers place bets on their mutual funds?

Boston Trust Investment Management has selected BHIL Distributors, Inc., the affiliated broker-dealer of Beacon Hill Fund Services, to provide principal underwriter and distribution services to The Boston Trust & Walden Funds.

The Internal Revenue Service's list of the most common errors it sees from taxpayers and paid preparers on tax returns is a sobering reminder that nobody is perfect. Here's what the IRS had to do to fix the most prevalent mistakes.

William "Bill" Scriba, a former T. Rowe Price treasurer and vice president, died on Aug. 28 at his residence in an assisted-living community in Sunnyvale, Calif., of undetermined causes, the Baltimore Sun reports.

Who would've thunk it?

Vincent Leon has joined 3D Asset Management as a National Sales Manager, responsible for overseeing the firm’s sales and marketing efforts to the wirehouse, RIA, retirement/DCIO and sub-advisory channels.