Portfolio

Tax-exempt municipal money market funds lost nearly $3 billion in the week ended March 28 as total net assets fell to $319.30 billion, according to the Money Fund Report, a service of iMoneyNet.com.

Self-regulatory officials may assess fees on municipal advisors based on their advisory activity and are focused on disclosure to retail muni investors.

The new gift-tax exemption of $5 million opens the door to lots of gifting strategies, ranging from simple to more complex.

Fixed and variable annuities sold in through banks each changed course, the former rising and the latter falling in January, according to the Kehrer-Jackson Monthly Bank Annuity Sales Survey.

Five experts offer smart strategies to use in these uncertain times.

If your clients want to know the best way to buy gold, the answer may depend on whether they are acting as collectors or investors.

Putnam Investments announced Thursday that the Lifetime Income Analysis Tool it developed for 401(k) plans to show investors how much monthly income their savings will deliver, has motivated investors to increase their retirement savings rate by an average of 23%. Participants can use the tool to change their retirement date, portfolio mix and contribution rate to immediately see the impact.

There are more choices than ever, but are these new products largely unnecessary?

Firm continues to roll out multi-asset class funds to meet demand for diversification.

A former municipal derivatives trading desk manager at Banc of America Securities LLC has pleaded guilty to one criminal count of engaging in a conspiracy to falsify bank records in connection with a scheme to rig bids and pay kickbacks for investment agreements and other financial contracts in the muni market.