Portfolio

On May 29, 2012, Charles Schwab launched a new video series to help investors curtail impulse spending.

Anticipated demand for personal trust services has prompted National Financial — the clearing and custody business of Fidelity Investments — to incorporate personal trust services into its broker workstation used by nearly 280 broker-dealer firms.

On May 29, 2012, Morningstar, Inc. released some sobering news about the alternative mutual fund space.

On May 29, 2012, HSBC added a fourth EM fund to its portfolio.

The new services will include organizational tools to help family members organize vital information, paper files, electronic records and digital passwords.

On May 29, 2012, Fort Worth TX-based American Beacon Advisors launched the American Beacon The London Company Income Equity Fund (ABCAX), which is sub-advised by The London Company of Richmond, Virginia.

BNY Mellon hires two more pros in its Tampa office, which has seen double-digit growth since it opened in 2008.

Linscomb & Williams, which has $2.7 billion in assets under management, hired Abigail C. Gunderson, Ryan L. Patterson and Lauren J. Bain.

On May 29, 2012, Leawood, Kansas-based Palmer Square Capital Management LLC, launched its second alternative mutual fund, dubbed the Palmer Square SSI Alternative Income Fund.

Minneapolis-based Leuthold Weeden Capital Management’s Board of Directors of the Leuthold Hedged Equity Fund has decided to liquidate the underperforming fund.