Portfolio

Legacy expert attorneys Andy and Danielle Mayoras say there’s no doubting the greatness of Martin Luther King Jr. However, he made a mistake common among millions of Americans: He didn't have a will.

TIAA-CREF has launched the TIAA-CREF Global Natural Resources Fund, aimed at providing investors with diversification, a hedge against inflation and an opportunity to participate in the growing demand for resources among the world’s seven billion population.

Bank and energy stocks pulled back Tuesday after the Federal Reserve Board’s Open Market Committee closed out the year with an uneventful meeting that indicates – at least for now – that the central bank is not planning another round of quantitative easing.

The main drivers of markets in 2012 are likely to be similar to last year’s themes —uncertainty over the fate of the Euro, and the related question of whether or not there will be a global recession, said Alan Brown, group chief investment officer at Schroders.

Advisors' two biggest pieces of advice for clients in 2012 is continued volatility (cited by 40%) and slow economic growth (15%), the latest survey of U.S. financial advisors by Russell Investments found. The survey was conducted among 300 advisors at 132 firms nationwide.

Advisers’ two biggest pieces of advice for clients in 2012 is continued volatility (cited by 40%) and slow economic growth (15%), the latest survey of U.S. financial advisers by Russell Investments found. The survey was conducted among 300 advisers at 132 firms nationwide.

Before putting a bow on 2011, advisors and their clients should take the time to nail down these four key aspects of their finances to ensure financial planning success in 2012, according to M&I, a part of the BMO Financial Group. Everyone wants to save money and prepare themselves and their families for the future. But that can only happen if clients establish well-defined goals and take the necessary steps to put advisors’ strategic advice to work. Here are the Top 4 end-of-year financial planning tasks every client needs to complete:

The new Department of Labor 401(k) fee disclosure rules that go into effect on April 1 will radically shake up the industry, according to Tom Gonnella, senior vice president of corporate development at Lincoln Trust, who gave six predictions for the defined contribution industry in 2102.

NEW YORK—The United States will not fall back into another recession, Benjamin Pace, U.S. chief investment officer, Deutsche Bank Private Wealth Management, told a press briefing Tuesday.

NYSE Euronext and Deutsche Börse stepped up their proposal to divest assets in their derivatives businesses, in their effort to win clearance from European regulators for their merger.