Portfolio

Hartford Financial Services Group Inc. plans to revamp its annuity lineup and target business owners as part of an initiative to develop its wealth management business.

Chances are that some kind of estate tax will be enacted retroactively for this year, but just in case it isn’t, there’s something advisors may be overlooking.

Victory Capital Management, the asset management arm of KeyCorp's KeyBank, says it is positioned to quickly expand the assets it manages in collective investment trusts.

With the tax deadline fast approaching, wealth management clients are deciding whether they are going to convert from a traditional Individual Retirement Account to a Roth IRA.

State and local governments will save $12.3 billion on the $90 billion of Build America Bonds issued so far compared with traditional tax-exempt debt, the Treasury Department said in a recent report touting the success of the program.

Mutual fund investors often represent significant shareholder blocks in big Wall Street firms, but they take little interest in elections of board directors or other proxy matters.

Collective investment trusts are growing in popularity among large companies seeking to provide employees with lower-cost retirement savings options, but some experts worry that these plans don't offer investors enough disclosure.

After taking massive losses in 2008, many on Wall Street expected investors in target-date funds to invest their retirement savings elsewhere.

After taking massive losses in 2008, many on Wall Street expected investors in target-date funds to pull out their assets and invest their retirement savings elsewhere. But according to Morningstar Inc., investors have ignored the criticism and made target-date funds the focus of their retirement savings.

Advisors put money on non-U.S. markets leading the global economy out of the recession.