News Feed

Harbor Funds on Monday announced two new funds, the Harbor Emerging Markets Debt Fund, to be managed by Stone Harbor Investment Partners, and the Harbor Convertible Securities Fund, to be managed by Shenkman Capital Management.

Emotions are mixed near the site of Sept. 11.

BOCA RATON, Fla. -- The United States' economy has "in absolute and relative terms been a better bet" than other economies around the globe -- and the death of Osama Bin Laden may well change how the rest of the world looks at America's prospects, CNBC Analyst and Commentator Ron Insana said Monday morning.

Baird announced on Monday that it added a team of four to its Portland, Oregon wealth management office.

For the financial services industry, for Wall Street, the impact has special meaning.

How to use visuals and page formatting to help people understand and absorb your messages

Warren "Bud" Wilson, John Kwiatkowski and Valerie D’Addona have formed the Greenbrier Wealth Management Group for Raymond James and established a practice in Raymond James & Associates’ Westlake Village branch.

According to data compiled for IRI by Morningstar, Inc., new sales were $136.6 billion in 2010, up 10.3% from 2009, when new sales totaled $123.9 billion. What’s more, assets reached an all-time high of $1.5 trillion, finally lifting the variable annuity industry above the pre-crisis levels of the third quarter of 2007.

Advisor confidence in the economy and the stock market regressed slightly -- about a quarter of point -- to an aggregate score of 113.54 in April, according to the Advisor Confidence Index, a benchmark that takes the pulse of 150 registered independent advisors and their outlook for both the U.S. economy and stock market.

While exchange-traded funds are soaring in popularity and investor cash continues to flow liberally into retirement accounts, closed-end funds have all but been forgotten by a large swath of the advisor community even though they offer some pretty compelling and unique benefits.