Portfolio

As the election approaches, advisors and their firms are watching closely. There's a lot at stake from tax reform to healthcare and the fiscal cliff, so it's no surprise that many banks and their CEOs are dropping their two cents (or $200,000) in the political piggy bank. But who's giving where?

Can it possibly be? Technology stocks are paying the most dividends?

Tax-exempt money market funds lost $1.70 billion and total net assets declined to $268.31 billion in the week ended Sept. 3 -- the second consecutive week of significant losses, according to The Money Fund Report, a service of iMoneyNet.com.

Flows into municipal bond mutual funds remained positive. Barely. Those funds that report their flows weekly saw $260 million of inflows for the week ended Sept. 5.

Crisis may be the new normal for investors, but it's also the stark reality of the communications landscape.

The Securities and Exchange Commission has settled an administrative proceeding against two Portland, Oregon-based investment advisory firms regarding their failure to disclose a revenue-sharing agreement and other potential conflicts of interest to clients.

The Dow Jones Industrial Average stormed up 244.52 points Thursday to close at 13,292.00 while the Nasdaq and S&P 500 surged up 66.54 points and 28.68 points, respectively.

Independent planning firm RMR Wealth Builders of Teaneck, N.J., has left its long-time independent broker-dealer, the Cetera company, for Innovation Equity Partners Financial in Tampa, Fla.

Forward has expanded its institutional and intermediary sales forces with a slew of new hires.

RiverNorth Capital Management today filed a registration with the U.S. Securities and Exchange Commission for a new mutual fund—the RiverNorth/Oaktree High Income Fund.