Portfolio

Legacy expert attorneys Danielle and Andy Mayoras say planners with clients whose families are involved in this type of legal struggle over an elderly parent should keep in mind that there are two sides (at least) to every story, and allegations of a parent’s care or finances being compromised are not always easy to prove.

Raymond James Financial Services, Inc. has promoted Jamie Kosharek to southeast regional director for the Financial Institutions Division.

The Dow Jones Industrial Average shed 43.90 points to finish at 13,197.73 Tuesday with most of the losses coming in the last couple hours of trading.

Pentegra Retirement Services has hired Pete Swisher to serve as senior vice president for national sales.

Financial services firms, including mutual fund managers, admitted that they invited negative public perception by their actions, or inactions, according to the 2012 Makovsky Wall Street Reputation Study.

Want to see your revenue leap within 30 days? Focus on the clients who produce most of your revenue. In our upcoming issue of BIC, you can read consultant Todd Colbeck’s advice on how to segment your book of business to do just that. Meanwhile, here is a high-level overview.

iShares has filed paperwork with the Securities and Exchange Commission to launch a frontier market exchange-traded fund.

Aston Asset Management, LP has promoted Mark Kim to managing director, Southeast Region where he will be responsible for external sales. Kim has been with Aston for seven years.

John Hancock Financial Services has launched a television campaign, titled “You Are Not Alone,” that Hancock’s chief marketing officer, David Longfritz, says taps into the frustrations, as well as the resilience, of American investors now.

Dallas, Texas-based Pyxis Capital, L.P. has launched the Pyxis Natural Resources Fund to invest all of its assets in the Ascendant Natural Resources Master Fund, which is managed by Ascendant Advisors, LLC.