Portfolio

The Dow Jones Industrial Average rallied up another 69.07 points Tuesday to close at 13,323.36 - its highest level since December 2007. The Nasdaq inched up 0.51 points to finish at 3,104.53 while the S&P 500 added 4.48 points to finish at 1,433.56.

State Street Global Advisors has appointed Greg Ehret to a newly created position as global chief operating officer.

U.S. exchange-traded fund assets totaled $1.2 trillion as of August 31 – up 16.6% year-to-date, according to State Street Global Advisors’ ETF Snapshot.

While annuities have become more widely accepted as a vital part of a retirement strategy, there are millions of Americans who still aren't opting for them.

The Triex Tactical Long/Short Fund, a separate series of the Northern Lights Fund Trust, is shutting down on September 27.

The iPad has revolutionized the financial services industry. Here's a deeper dive into some of the specific ways advisors and wealth managers can use the iPad to improve their business.

Deutsche Bank today unveiled its growth strategy for the next three years and beyond for its U.S. mutual funds unit and other businesses.

Mark Fetting, CEO and chairman of asset manager Legg Mason, Inc., will step down at the start of next month, the Baltimore, Md.-based firm disclosed Tuesday.

ProShares this week got some good news from the United States District Court for the Southern District of New York, which dismissed, in its entirety, the class action lawsuit filed against the firm in 2009.

The departure of Chief Executive Officer Mark Fetting from embattled money manager Legg Mason has the firm reshuffling its top management in the face of a looming face-off with hedge fund manager Nelson Peltz of Trian Fund Management.