Portfolio

Alex Murguia, managing principal of McLean Asset Management and CEO and founder of inStream Solutions, believes advisors should be aware of major changes underway in the planning profession—and should take proactive steps to safeguard their practices. Financial Planning talked to Murguia about his views on the outlook for RIA businesses.

$10 billion of equities change hands each day in the United States. $4 trillion of currency changes hands each day, globally. Which asset do you want to trade in?

The Dow Jones Industrial Average fell 74.17 points Friday to close at 12,660.46 while the Nasdaq managed to post a modest gain of 11.27 points to finish at 2,816.55.

Fidelity Investments did something last week that a decade ago most likely was not imaginable-or feasible.

Custom target date funds are beginning to proliferate at the expense of their off-the-shelf counterparts.

State Street to Develop Actively Managed ETFs; Investors (Again) Lose Faith in U.S. Equity Funds; Citi, Research Affiliates Expanding Bond Indices

Just a few days after Bob Oros left Trust Company of America as national sales manager, Fidelity Institutional Wealth Services has confirmed he will start next week as executive vice president of RIA sales and relationship management.

T. Rowe Price Group reported its fourth quarter 2011 results, including net revenues of $671.6 million, net income of $188.4 million, and diluted earnings per common share of $.73.

Federated Investors reported earnings per EPS of $0.36 for the quarter ended Dec. 31, 2011 as compared to $0.45 for the same quarter last year. Net income was $36.9 million for Q4 2011 compared to $46.4 million for Q4 2010.

Janus reported fourth quarter net income of $35.7 million, or $0.19 per diluted share, compared with net income of $27.4 million, or $0.15 per diluted share, in the third quarter 2011 and net income of $65.9 million, or $0.36 per diluted share, in the fourth quarter 2010.