Portfolio

On August 9, 2012, What is up with ASPire?

The Dow Jones Industrial Average moved up 7.04 points Wednesday to close at 13,175.64. The Nasdaq lost 4.61 points to end at 3,011.25 and the S&P 500 inched up 0.87 points to finish at 1,402.22.

Seventy-five percent of variable annuity buyers, 86% of indexed annuity buyers and 86% of traditional fixed annuity buyers reported being satisfied with their annuities.

On August 8, 2012, US ETF assets totaled $1.19 trillion as of July 31, 2012 – up 13.8% year-to-date, according to the latest ETF Snapshot report from State Street Global Advisors

Since the beginning of the year, U.S. stock funds have lost more than $64 billion in outflows.

On August 8, 2012, Operating margins in the global asset management industry have recovered from their 2009 lows, at a median 32% in 2011, yet they remain below pre-crisis levels, according to new research by U.S. Institute, McLagan and Casey, Quirk & Associates.

On August 8, 2012, Emerald Asset Advisors has restructuring its flagship allocation fund, formerly dubbed the EAS Genesis Fund, to a more focused alternative investment mandate.

The Olympic Games have been a training ground for some into a second career as a financial advisor. On Wall Street caught up with several of those advisors as this year's games heat up in London. Take a look at who they are, the challenges they faced as athletes, and how that prepared them for their advisory careers.

On August 8, 2012, Mary Schapiro, chairman of the Securities and Exchange Commission, is looking to turn $2.6 trillion money-market mutual-fund industry on its head.

Financial Planning and the Foundation for Financial Planning recognize life-changing volunteerism with the 2nd annual Pro Bono Planners of the Year Awards.