Top Portfolio Products: Fidelity to Disclose Additional Money-Market Fund Data
Portfolio-related developments over the last week include the closure of Fidelity’s Small Cap Discovery Fund to new investors and an advisor change by Vanguard on its International Value Fund.
Top Portfolio Products: Vanguard Switches Indexes to Cut Costs
New products introduced over the last week include a new annuity from Northwestern Mutual, a fresh fund from Hatteras and a CRM update from Schwab.
New Hire Roundup: Mehra Goes to Salient; New CFA Institute Head
This week in new hires, Dr. Ajay Mehra joined Salient Partners; Alan Meder was named chairman of the board of governors at CFA Institute; and Yuri Khalif went to Hatteras Funds.
New Hire Roundup: FINRA Adds Three; Eichmann Goes to TheStreet
This week in new hires, FINRA added three new governors; Erwin Eichmann joined TheStreet as general counsel; and Putnam Investments named Darren Jaroch portfolio manager of another fund.
New Hire Roundup: Kapoor Rises at Morningstar; Chilton Trust Gains Approval
This week in new hires, Morningstar promoted Kunal Kapoor; Chilton Trust was approved by the Florida Office of Financial Regulation; and Duff & Phelps announced a new independent broker-dealer due diligence practice.
Jefferson National Adds Alternative Investment Offerings
Company claims recent additions means it has more than 65 tax-deferred funds in the alternative investment category.
Top Portfolio Products: INVEST Signs Credit Union; Gemini Adds 9 Funds
INVEST will now provide brokerage and investment services for Texans Credit Union, and Gemini Fund Services is adding nine funds to Northern Lights Variable Fund Trust.
Alternatives and Advisors
“RIAs perform the most sophisticated due diligence,” Marc Zeitoun of Guggenheim flatly stated in a conversation during the Schwab Impact conference in San Francisco.
Spreading Word on Spread of Alternatives: Schwab Impact Roundtable
A roundtable discussion moderated by AdvisorOne’s Jamie Green at the Schwab Impact 2011 conference in San Francisco on Wednesday tackled the increasing use of alternative investments by advisors and clients.
New Hire Roundup: RIA Brinton Eaton Adds Wells Fargo Advisor
Mary Ellen Hancock joins Brinton Eaton from Wells Fargo; Neuberger Berman boosts retirement sales team.