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On the eve of the election, economic uncertainty and the "fiscal cliff" have been weighing heavily on the minds of planners as well as clients.
November 6 -
SignalPoint Capital Management has launched the SignalPoint Global Alpha Fund, the firm's first open-ended mutual fund, which is based on its separately managed account strategies.
November 6 -
AQR Capital Management has added two mutual funds, AQR Risk Parity II MV Fund (Class I/QRMIX) and AQR Risk Parity II HV Fund (Class I/QRHIX), to be distributed through advisors only.
November 6 -
While disasters like Hurricane Sandy take away so much and leave but a trail of havoc behind it, the resilience of the people across the nation refuse to be trampled. Within moments, resilient individuals would begin to offer aid to their less fortunate fellows. And yet during this time, it can also be quite confusing for planners to advise clients on the best places to donate money.
November 5 -
The firm hit $19.9 billion in AUM in the third quarter of 2012, an 18% jump from $16.8 billion in the third quarter last year. Most of the increase came from new client inflows.
November 5 -
In addition to the launch of its latest SRI fund, Bethesda, Md.-based Calvert Investments has also announced today the hiring of Amy Mathis as its new director of relationship management.
November 5 -
Forward has revamped its suite of asset allocation funds, renaming them the Forward Global Asset Allocation Series.
November 5 -
Advisors have been told that its the name of the firm on the business card thats important to clients, he said, so their clients wont follow them if they go independent. We have found that its the advisor-client relationship thats important, not necessarily the name of the firm.
November 5 -
Approximately 300 advisors affiliated with independent broker-dealer Symetra Investment Services, based in Bellevue, Wash., now have access to a Envestnet's online tools, including aggregated reporting capabilities.
November 5 -
The Board of Directors of Kinetics Mutual Funds last month approved an overhaul of the Water Infrastructure Fund(KWINX).
November 5 -
Net income in Stifels wealth management division rose almost a quarter from last year as the firm announced it had purchased KBW for $575 million.
November 5 -
The new hires join eight of Barclays offices in the U.S. from firms including Bank of America Merrill Lynch, Credit Suisse, J.P. Morgan Private Bank, Morgan Stanley Wealth Management, SunTrust Investment Services and UBS Financial Services.
November 5 -
The legal challenges raised by clients who are beginning to lose their cognitive acuity or are suffering from dementia-related diseases, such as Alzheimers, can be significant for advisors. Here are some of the top tips for advisors working with clients with dementia.
November 5 -
Look for Calvert Investments in emerging markets investing, with the launch today of its latest socially responsible investment fund.
November 5 -
First Republic will integrate Luminous Capital Holdings into First Republic Investment Management.
November 5 -
The 20th anniversary is fast approaching of the launch by State Street Global Advisors in 1993 of the first investment fund that could be traded throughout the day like a stock.
November 5 -
Goldman Sachs Group Inc., which is scheduled to announce its new class of partners next week, has 407 members of that elite group, down 31 in about nine months, according to a company filing.
November 5 -
A win by Mitt Romney in tomorrows U.S. presidential election is more likely to boost Wall Street compensation than if voters re-elect President Barack Obama, according to a survey conducted by eFinancialCareers.
November 5 -
Hedge funds cut bullish wagers on commodities by the most since June as prices retreated to a three-month low on mounting concern that Europes debt crisis will worsen and U.S. growth slow.
November 5 -
TD Ameritrade Institutional drew a record 441 breakaway brokers to its platform for independent registered investment advisors in fiscal 2012, a 27% increase from a year earlier.
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