Portfolio

What is the fastest growing financial services market and distribution channel? According to Tiburon Strategic Advisors, it's the fee-based financial advisory market.

On August 6, 2012, Buffalo Funds is looking to take its family of ten no-load mutual funds to the next level with the addition of Tony DeMarino as Head of Global Distribution in June.

On August 6, 2012, Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.

Fighting over estates is never pretty. These court battles are emotional, draining, and sometimes downright nasty for everyone involved. When they happen to the estate of a beloved American icon, it's even more tragic.

The investors who bailed out Knight Capital Group Inc. by purchasing $400 million in convertible securities are gaining control of the biggest trading partner for individuals in the world’s largest stock market.

Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.

The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds due to the funds' inability to attract sufficient investment assets.

Financial Advisor Phoenix Advisors LLC is hiring three financial advisors from Capital Financial Advisors.

The municipal market, sliding leisurely through its slow season, anticipates a slight uptick in issuance the week of Aug. 6. Industry estimates hold that muni bonds expected to be sold during the week should total $6.35 billion, versus a revised $5.93 billion last week. Then, the market waded through a sluggish week in the primary and secondary that did little to yields, which continue to hover near record lows.

On August 6, 2012, The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds due to the funds’ inability to attract sufficient investment assets.