Portfolio

Hartford Financial Services Group Inc. last September put the brakes on its effort to sell its mutual-fund unit to private equity shop Clayton Dubilier & Rice LLC after banks cut back on lending for leveraged buyouts.

The Dow Jones Industrial Average tumbled another 160.83 points to stagger home at 12,419.86 Wednesday as investors resumed selling after a one-day reprieve.

On May 30, 2012, Teucrium Trading, LLC named Steve Kahler, who joined the firm in November 2011, as its chief operating officer.

On May 30, 2012, total estimated outflows from long-term mutual funds were $4.92 billion for the week ended Wednesday, May 23, according to data from the Investment Company Institute.

LinkedIn is a great resource for wealth managers looking to interact with existing clients or find new ones. Here’s a step-by-step overview to help grow your AUM.

On May 30, 2012, Fidelity Investments unveiled its Fidelity Global Bond Fund and Fidelity International Bond Fund, available directly to investors, as well as through financial advisors.

Advisors and their clients are always looking for the next great international investment opportunity. Here are five countries to keep an eye on this year.

The New York-based company hired Austin J. Philbin as a senior consultant of RIA services and Monique Miller as director of business management.

Principals of RIA firms need to pay closer attention to workflow and operational issues at their firms, especially if they want to stay viable amid rising operational costs, Pershing Advisor Solutions said.

The newly combined Boston-based RIA will have $2.5 billion of client assets.