Portfolio

Wintrust Financial Corporation has added a new member to its wealth services team in a push to expand in the Chicago market and its suburbs.

Legacy expert attorneys Andy and Danielle Mayoras say that contrary to preliminary reports, British songstress Amy Winehouse did not have a will in place at the time of her death—an estate planning mistake that advisors and their clients can’t afford to make.

INTECH Investment Management LLC (INTECH), an independently managed subsidiary of Janus Capital Group Inc., launched two global dividend strategies: one focused on seeking capital appreciation and higher-than-average dividend yields and the other focused on absolute risk.

Investors are interested in adding alternative assets to their IRAs, but lack the expertise — and often the advisors — to go about it.

There were 7,693 mutual funds in February 2012, so how do women-managed funds find a way to stand out in this $12 trillion industry?

Milwaukee, Wisc.-based CliftonLarsonAllen Wealth Advisors has teamed up with Academy Asset Management, a Philadelphia, Pa.-based investment advisor to launch Innovator Management LLC, purveyor of the new Innovator Matrix income Fund.

There were more than 8,500 mutual funds at the end of 2010, according to the 2011 Investment Company Fact Book. They range from long only equity and bond funds to alternative long/short mutual funds.

The IRS has launched a compliance practice research team that will seek to identify red-flags indicating questionable municipal bond transactions.

Allianz will still own about 5% percent of the company, worth approximately $464 million.

For some Dow component stocks, the first three months of the year were forgettable. Here’s an interactive slide show featuring the 5 worst-performing Dow stocks so far this year.