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On June 22, 2012, Wheaton, Ill.-based First Trust Advisors L.P. has rolled out a new actively managed exchange-traded fund, First Trust North American Energy Infrastructure Fund (NYSE Arca: EMLP) to bet on the energy infrastructure sector via master limited partnerships, pipeline companies and utilities.

When it comes to ETFs, advisors “need to look under the hood,” ETF expert Eric Biegeleisen said during a session at the Morningstar Investment Conference. “You have to understand why every stock and bond is in there.”

As workers hope to prevent income shortages throughout retirement, insurers turn to new mediums to provide new advice.

Securities and Exchange Commission Chairman Mary Schapiro answered Paul Scott Stevens’ volley with one of her own in front of the Committee on Banking, Housing, and Urban Affairs of the United States Senate.

Columbia Management launched the Columbia Risk Allocation Fund (CRAAX).

The tax-exempt money market sector saw a moderate decrease in cash in the week ended June 18 as $801.2 million exited the funds and total net assets settled at $271.40 billion, according to the Money Fund Report, a service of iMoneyNet.com.

Muni bond indexes were mixed on the week as the need to put truckloads of reinvestment money to work pushed investors to buy munis even while yields sat at barrel-scraping levels

On June 22, 2012, Columbia Management this week launched the Columbia Risk Allocation Fund (CRAAX).

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

The Dow Jones Industrial Average tumbled 250.82 points Thursday to finish at 12,573.57 while the Nasdaq and S&P 500 fell 71.36 points and 30.18 points, respectively.

On June 21, 2012, Gary Motyl, former chief investment officer of Templeton Global Equity Group and president of Templeton Investment Counsel, LLC, died suddenly on June 18, reports the Miami Herald.

Unlike funds that target clean tech or alternative energy, the new ETF will focus on a broader universe of companies that have the goal of making money.

“Investors seem to equate investing with gambling,” said George C.W. Gatch of J.P. Morgan Asset Management, and they “have begun to doubt the power of diversification.”

IRA expert Ed Slott answers investors’ questions about transferring stock between IRA accounts and the best way to distribute an inherited IRA to other beneficiaries.

Gurudeo “Buddy” Persaud believed the earth’s gravitational forces impacts stock prices and that, under the influence of the moon, people tend to feel more dejected and sell off securities. In return, the SEC charged him with fraud.

On June 21, 2012, Securities and Exchange Commission Chairman Mary Schapiro today answered Paul Scott Stevens’ volley with one of her own in front of the Committee on Banking, Housing, and Urban Affairs of the United States Senate.

Despite overall declines in the wealth of high net worth individuals, some smaller countries were hotbeds for growth.

Looking for some new (and free) online tools to compare your performance to other advisors or to reach out to new clients? Here’s a good place to start. Also see: 9 Steps to Grow Your AUM With LinkedIn 7 Facebook Basics for Financial Advisors 10 Critical Social Media Tips for Advisors 10 Steps to Twitter Success for Financial Advisors

The Chinese gambling industry, the U.S. housing market and banking companies’ corporate debt are among growth areas in a difficult investment environment, a panel of money managers said at the Morningstar Investment Conference.

Social media platforms Facebook, LinkedIn and Twitter allow advisors to build new relationships and market their firms, but success varies from platform to platform.