Portfolio

The Dow Jones Industrial Average moved up 93.24 points Wednesday to close at 12,627.01 while the Nasdaq and S&P 500 picked up 21.26 points and 11.86 points, respectively.

Investors pulled an estimated $1.85 billion from U.S. equity funds the week ended June 20, almost three times the $620 million withdrawn a week earlier.

Commission revenue, mutual fund revenue and securities revenue are critical for broker-dealers. Who are the top dogs?

Advisors with less than $100 million in assets are less insulated from market turbulence and face difficult hurdles. Check out some tips from Fidelity to help trigger growth.

On June 27, 2012, Morgan Stanley Smith Barney is rolling out LinkedIn and Twitter to its full 17,000-member financial advisor force with the aim of helping to make time spent in front of the computer more effective than cold calling client prospects.

On June 27, 2012, Chicago-based Aston Asset Management, LP has added the ASTON/River Road Dividend All Cap Value Fund II (ADVTX N Class)(ADIVX I-Class) to its family of funds.

As if on cue, the economy has once again stalled after a promising first quarter, just as it’s done for the past three years.

Wealth managers are making alternative investments more of a priority to meet the expectations of their clients and help grow total assets under management.

Citi has been awarded a contract renewal of its fund services to Victory Capital Management and to the Victory Funds.

Manning & Napier has rolled out a suite of 10 actively managed target date funds which will invest in a variety of exchange-traded funds.