Subject Root Tag

When advising clients, advisors normally operate with the "family first" mentality. But what about social responsibility and charitable giving? In a Scorpio Partnership and Kaiser Partner special report on wealth and social responsibility of 250 multi-millionaires with an average wealth of $3.5 million, findings show the majority of clients want to do more to be effective, responsible wealth creators.

Ask Ed Slott: Your IRA Expert answers readers’ questions about stretch IRAs for beneficiaries and required minimum distributions.

Deloitte survey also finds risks not continuously monitored at most firms despite available automation; most intend to revamp risk management within 12 months.

The SEC named Norm Champ director of the agency’s division of investment management, replacing Eileen Rominger, who is retiring.

The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to an SEC filing.

The SEC approved a pilot plan that will allow some orders to go undisplayed on the New York Stock Exchange as a way for the biggest stock trading venue to attract individual investors.

The holiday week slowed the tax-exempt market down to a crawl, but investors still invested in municipal bond mutual funds. Those funds that report their flows weekly saw $317 million of inflows for the week ended July 4.

Small Sacrifices app encourages customers to channel coffee and cigarette buying habits into savings goals.

The Dow Jones Industrial Average fell 47.15 points Thursday to end at 12,896.67 while the S&P 500 shed 6.44 points to finish at 1,367.58.

Investors threw $105 billion into exchange-traded products in the first half of 2012, giving the global ETP industry its largest-ever first-half-year inflow.

The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to a Securities and Exchange filing.

The Securities and Exchange Commission has named Norm Champ as director of the agency’s Division of Investment Management, replacing outgoing Eileen Rominger, who is retiring.

Investors' confidence softened somewhat in the second quarter of 2012, according to the John Hancock Investor Sentiment Index.

Total estimated inflows to long-term mutual funds were $3.26 billion for the week ended Wednesday, June 27, according to data from the Investment Company Institute.

Assets in US-listed exchange-traded funds and exchange-traded notes totaled some $1.18 trillion at the end of June, an increase of 7% over June 2011 month-end, when assets totaled $1.11 trillion, according to data from the ETF Industry Association.

For the week ended June 27, investors pulled an estimated $1.46 billion from mutual funds that invest long-term in U.S. equities, down 21% from the previous week’s $1.85 billion outflow.

A federal appeals court struck down Goldman Sachs’ appeal of a $20.6 million arbitration award decision on Tuesday, holding up the original 2010 decision in favor of creditors of the Bayou Group.

BNY Mellon has hired Christopher Ross as a senior portfolio manager in its wealth management office in Washington, D.C.

It's easy to underestimate how important philanthropy is to clients.

Peter Young and Dana Grabarchuk will help grow the firm’s sales and trading operations.