Portfolio

Here are five tips to help financial advisors make optimal use of their time during their first sit-downs with retirement plan participants.

When advising clients, advisors normally operate with the "family first" mentality. But what about social responsibility and charitable giving? In a Scorpio Partnership and Kaiser Partner special report on wealth and social responsibility of 250 multi-millionaires with an average wealth of $3.5 million, findings show the majority of clients want to do more to be effective, responsible wealth creators.

The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to an SEC filing.

The holiday week slowed the tax-exempt market down to a crawl, but investors still invested in municipal bond mutual funds. Those funds that report their flows weekly saw $317 million of inflows for the week ended July 4.

The Dow Jones Industrial Average fell 47.15 points Thursday to end at 12,896.67 while the S&P 500 shed 6.44 points to finish at 1,367.58.

Investors threw $105 billion into exchange-traded products in the first half of 2012, giving the global ETP industry its largest-ever first-half-year inflow.

The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to a Securities and Exchange filing.

The Securities and Exchange Commission has named Norm Champ as director of the agency’s Division of Investment Management, replacing outgoing Eileen Rominger, who is retiring.

Investors' confidence softened somewhat in the second quarter of 2012, according to the John Hancock Investor Sentiment Index.

Total estimated inflows to long-term mutual funds were $3.26 billion for the week ended Wednesday, June 27, according to data from the Investment Company Institute.