Portfolio

Despite heavy losses in their portfolios, most high-net-worth investors are sticking with their financial advisers, according to the Northstar/Sullivan Rebuilding Investor Trust Survey.

Fund managers are betting that emerging markets will be the best place for growth in 2010, due to their lack of correlation to the rest of the world and its sluggish, forecasted recovery, but lower correlation does not mean greater safety.

American Century Investments is a brand-new player in the international wealth management business-and that novelty could be an ace up its sleeve, according to the company's top executive.

Senate Bill Would Disclose Projected Income of 401(k) Balances

Thirty years after the Securities and Exchange Commission allowed an exemption to help mutual funds pay for promotional sales and marketing expenses, the agency is once again considering revising or renaming these controversial charges, known as 12b-1 fees.

The House passed a regulatory reform bill 223 to 202 on Friday that would significantly reshape the financial framework.

The House of Representatives refused to give rule-making authority over many investment advisory firms to the Financial Industry Regulatory Authority.

Charles Schwab Investment Management announced Friday that trading has begun in two new exchange-traded funds, with no online trading commissions for Schwab clients and low operating expense ratios.

On Wall Street, Top 40 Advisors Under 40

The majority of high-net-worth investors have stuck with their financial advisers despite heavy losses to their portfolios as a result of the financial crisis that have left them “highly distrustful and disillusioned."