Portfolio

Spectrem Group’s latest report finds many investors are satisfied with advisory firms’ communications regarding fees and variable products.

ETF Trends launches an enhanced version.

Suddenly, Florida is the ripening fruit for many bank buyers, which raises the question, How did that happen?

American Banker | Monday, June 21, 2010

Putnam Investments plans to continue to aggressively expand its array of products even as market volatility has forced some competitors to retrench.

Wealthy individuals now hold more of their assets in IRAs than employer-based plans.

Advisers are missing opportunities to expand existing relationships and attract wealthy clients, according to a survey by ByAllAccounts, an account aggregator in Woburn, Mass.

Merrill Edge hopes to crowd out Fidelty and Schwab by not paying advisers brokerage fees, only for referrals.

A two-year extension to the Build America Bonds program, as well as extensions to a handful of other bond provisions set to expire at the end of the year, remain in legislative limbo as Senate Democratic leaders this week continue attempts to produce a tax bill that they can pass.

Citi Capital Advisors, Citigroup’s alternative asset management platform, may seek $1.5 billion for private equity this year and $750 million for hedge funds, and an additional $1 billion of fundraising for hedge funds is targeted next year, this person said.