Portfolio

Chicago-based NextCapital announced a $16 million funding deal in mid-December that includes support from Manulife and AllianceBernstein. It had already found investors in 2014 from Russell Investments and Transamerica Ventures Fund.

Munis produced a 5.8% risk-adjusted return in 2014, more than double the other investments. They also outperformed in 2011 and 2012 as yields -- which move in the opposite direction as price -- fell to the lowest since the 1960s.

It’s not easy being one of the largest RIA firms in the nation. The leaders are doing everything it takes to lure the right talent, grow their practices and remain truly independent.

The executives decided to leverage their skills in their own areas of expertise.

Scott Upham of Cribstone Capital has found a niche in helping families maintain shared real estate.

Planners need to understand some of the functions that might be included in a modern trust.

Creating a performance management process will help firms get the most from staff members.

Advisors can help clients and their survivors by helping plan out funeral services.

A study of 89 years of returns produces surprising insights about holding a portfolio for a very long time.

Advisors can help clients avoid overpaying on taxes by reversing Roth IRA conversions when portfolios fall.