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Multi-manager shop Virtus Investment Partners has added Rampart Investment Management, which specializes in customized options strategies for institutional and high-net-worth clients, as a wholly owned affiliate of Virtus.

Even the best independent financial advisors can benefit from an occasional or even regular program of coaching and mentoring. It sometimes takes an outsider with a fresh perspective to see the best way for you to take your team and your practice to the next level.

The Dow Jones Industrial Average fell 54.90 points Tuesday to close at 13,035.94. Meanwhile, the S&P 500 shed 1.64 points to end at 1,404.94 and the Nasdaq added 8.10 points to finish at 3,075.06.

The transaction, which is expected to close by the end of this year, will results in a combined retirement businesses with approximately $120 billion in assets under management and 3 million participants.

The Coral Gables, Fla., based wealth manager continued it expansion by adding an advisors with 20 years of experience in investments and relationship management in the United States and Latin America.

The Hartford today is taking another step towards focusing on its mutual fund business by agreeing to sell its retirement plans business to rival Massachusetts Mutual Life Insurance Company (MassMutual) for a cash ceding commission of $400 million.

Eaton Vance Management has launched four new Eaton Vance-sponsored mutual funds sub-advised by Hexavest Inc., a Montreal-based investment manager in which Eaton Vance recently acquired a 49% ownership interest.

Does religion play a key part in the way investors and managers place bets on their mutual funds?

Boston Trust Investment Management has selected BHIL Distributors, Inc., the affiliated broker-dealer of Beacon Hill Fund Services, to provide principal underwriter and distribution services to The Boston Trust & Walden Funds.

In an effort to leverage its increasing scale while maintaining the independence of each of its four B-Ds, Cetera Financial Group is rebranding each of those companies with new names that all begin with Cetera.