Portfolio

Prospects and clients might say they're feeling upbeat about the economy, but their money isn't talking.

The company increased sales by 14% last year, surpassing $1 billion for the first time in its history.

The reasons to buy long-term care insurance aren’t new. What is new, though, is who boomer clients are buying such insurance for: their parents.

The Michigan-based wealth management, CPA and business consulting firm is moving custody of its $2 billion-plus in assets under management.

The Municipal Securities Rulemaking Board is expected to file long-awaited rule changes with the Securities and Exchange Commission that would implement the final phase of its transparency system for auction-rate securities and variable-rate demand obligations.

Muni Provisions Could Cost $20 billion

Money market funds are welcoming the Federal Reserve’s offer to buy an estimated $1 trillion in reverse repos, as the economy continues to rebound and the government looks to reduce the $2 trillion it pumped into the capital markets.

Financial planners and advisers hope that by boosting marketing they can expand their practices this year, according to a survey released by TD Ameritrade Institutional.

Investors continue to stuff municipal bond mutual funds with cash, supporting bond prices even as by some measures they are nearly as expensive as they have ever been.

Capital Fulfillment Group has debuted ClickOne, a summary prospectus tool in compliance with Securities and Exchange Commission rules. Using patented technologies, it is designed to offer a simple and cost-effective way for mutual fund companies to equip investors with summary prospectuses via print-on-demand. CFG estimates this will reduce asset management firms' printing costs by 80%.