Portfolio

ProShares has launched the first exchange-traded funds that offer leveraged and inverse exposure to the biotechnology sector.

This isn’t the fee you charge clients. The current fee issue that made its way to the Supreme Court this week deals with the expenses charged by mutual funds.

Brown Brothers Harriman & Co. hopes that by maintaining its localized approach to wealth management it can continue to organically grow its trust business by cross-selling services to its roster of wealthy clients.

Although the idea of restricting grantor retained annuity trusts, or GRATs, had been tossed around previously, estate planners didn’t think it would become a reality.

Municipal closed-end funds continue to surge to new peaks despite the specter of higher interest rates threatening to throw a wet blanket on all the fun.

Investment management firms, custodians and broker/dealers all say that financial planners are embracing Web-based workstations that work on smart phones, but they don’t agree on how fast advisers are going down that path.

Ever since the recession began, everyone from media outlets to industry gurus have deemed 401(k)s a failure.

Genworth asset managers debated investing questions on Tuesday afternoon at an event in New York.

An S&P analysis shows that small-cap value and mid-cap value investors earned around 10% in the first quarter.

Brown Brothers Harriman & Co. announced Wednesday it promoted Brett D. Sovine to president and chief executive officer of its trust company.