Portfolio

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.

Nearly six in 10 business owners (59%) expect to be in a good financial position over the next 12 months, down from 66% who said so in second quarter.

On the same day that FocusShares announced its exit from the exchange-traded fund business, Russell Investments announced today that it is "conducting a strategic review of its direct U.S. ETF business in an effort to focus more exclusively on its core competency."

Here's a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

On August 7, 2012, Et Tu, Russell?