Portfolio

There were more than 7,693 mutual funds at the end of February 2012, according data from the Investment Company Institute.

Here’s an interactive slide show featuring the six firms that scored above the national average in J.D. Power and Associates’ 2012 U.S. Financial Advisor Satisfaction Study.

The moment was remarkable, if not dramatic.

Investment advisor Matthew Tuttle spends a lot of time moving the money of newly-acquired clients out of mutual funds and into exchanged-traded instruments.

Here’s an interactive slide show featuring the six firms that scored above the national average of 774 points in J.D. Power and Associates’ 2012 U.S. Financial Advisor Satisfaction Study.

Not every present a taxable one, according to the IRS.

Los Angeles, Calif.-based Oaktree Capital Group, LLC has filed paperwork with the Securities and Exchange Commission for an IPO priced at $595 million with Class A units valued between $43 and $46 per share.

Investors under 50 have a general understanding of the tax advantages of IRAs but appear to confuse the specific benefits of traditional and Roth IRAs.

Lazard Asset Management LLC has launched the Lazard Global Fixed Income Portfolio targeting both institutional and individual investors.

Mutual fund families routinely, and on purpose, use the capital in affiliated funds as “insurance pools” to offset or prevent cash shortfalls in other funds within family, according to research released by the Kelley School of Business at Indiana University.