Portfolio

Legg Mason's 2012 Intergenerational Survey of College Finances points out a lack of advanced planning among affluent Americans for their children's college education.

On August 7, 2012, The Segal Company today said that its founder and Chairman Emeritus, Martin Segal, has passed way. He was 96 years old.

On August 7, 2012, As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

As equity markets sputter along at an uneven pace, many investors are looking at alternatives to help manage volatility and potentially generate more predictable income. One alternative investment has been commercial real estate, which during the late '90s and early '00s was an attractive asset class.

On August 6, 2012, Invesco has added the Invesco Global Opportunities Fund (IAOPX) and Invesco Select Opportunities Fund (IZSAX) to its U.S. open-end mutual fund equity product line.

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.