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MarksJarvis: 'Just trust me' allure of hedge funds gives way to 'buyer beware'
The magic is gone … the infatuation over. Wealthy investors who thought a few years ago that brainy hedge fund managers would show them the money have shed their rose-colored glasses. Individuals are no longer enamored with the funds, and for...
Tags: Credit Ratings, Finance, Stock Market, Bernard Madoff, Mutual Funds
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Music story isn't over yet for Dolly Varden
A sampling of how it works for a rock 'n' roll band in middle age: The bass player and drummer drive in for rehearsal from the suburbs where one of them is an interfaith counselor and the other, for a time, operated a fresh-bread franchise. One...
Tags: Music, Dining and Drinking, The Head and the Heart (music group), Entertainment, Lifestyle and Leisure
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Sooner or later, bear market will growl back
Could it happen again? Could your retirement plans end up in shambles, and your college savings tattered? As investors see the stock market repeatedly climbing to new records lately, some people want to know that they will be safe this time. They'd like...Tags: Financial Planning, Finance, Stock Market, Economy, Business and Finance
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Storied Legg Mason unit to merge into New York sister subsidiary
Legg Mason Inc. plans to lay off an undisclosed number of employees as it folds its once high-profile Legg Mason Capital Management unit in Baltimore into a much larger investment division based in New York. Capital Management rose to fame under star...
Tags: Harbor East, Bill Miller, Finance, Legg Mason, Inc., Corporate Officers
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Organizers set to release letter from corporate backers of gay marriage
A coalition of gay marriage advocates plans to release a letter this week signed by top Illinois executives and companies endorsing same-sex marriage as an economic imperative, giving a powerful push to a bill that state lawmakers could take up as early...
Tags: David Axelrod, Family, Politics, American Civil Liberties Union, Illinois Elections
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Investment outlook for 2013 clouded by uncertainty
Usually by early December, investment professionals have mapped out their outlook for the next year. But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...Tags: Hunt Valley, Money and Monetary Policy, Business, U.S. Congress, Patient Protection and Affordable Care Act
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T. Rowe Price, Legg Mason get approval to launch active ETFs
Baltimore-based money managers T. Rowe Price and Legg Mason Inc. may offer actively managed exchange-traded funds after receiving a thumbs up from regulators. The Securities and Exchange Commission approved Price's application earlier this month to be...
Tags: Securities, Marketing, Finance, Mutual Funds, Research
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Top Workplaces: At Morningstar, great work is in their jeans
A jeans-clad receptionist welcomes visitors to Morningstar Inc.'s Loop corporate office. Minutes later, a new employee, wearing jeans and an untucked shirt, checks in for his first day. A few more minutes, and in strides founder Joe Mansueto wearing...
Tags: Career and Workplace, Google Inc., Investments, Employees
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Improvements on rise for 529 college savings plans
The quest by states and mutual fund companies to capture the $179 billion that people are saving for college in 529 plans has led to improved investments and more reasonable fees for college savers. In a study of the plans offered by states throughout...
Tags: Federal Deposit Insurance Corporation, Tuition Planning Services, Finance, Financial Markets, Personal Finance
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What do you do first: Pay off plastic or save?
What do you do if you are loaded down with credit card debt but you know you should be saving for retirement? Do you concentrate on getting rid of the debt, and put off saving in the 401(k) or IRA for later? Or do you save now, pay off later? There...Tags: Personal Finance, Credit and Debt, Stock Market, La-Z-Boy Incorporated, 401K
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Walgreen company man rises to top
Tribune staff reporterGreg Wasson gambled away a total of about $60 during the 2 1/2 years he lived in Las Vegas. All of it came while he was parked at some low-stakes slot machine, waiting for his out-of-town guests to wrap up their requisite casino visit. Wasson, 53,...Tags: Museum of Science and Industry, Real Estate Buyers, Prescription Drugs, Vaccines, American Cancer Society
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Morningstar founder turned mutual fund data processor into megamart for investment information
Special to the TribuneJoe Mansueto's day jobs have been a handful lately: He has been busy turning Morningstar Inc. into a $3.1 billion investment information megamart, buying up media properties and skipping the charity circuit in favor of coaching grade-school soccer on...Tags: Meg Whitman, University of Chicago, Lyndon B. Johnson, Media Industry, Finance
Jan 30, 2013
|Column| Chicago Tribune
Jan 17, 2013
|Column| Chicago Tribune
Mar 15, 2013
|Column| Chicago Tribune
Jan 17, 2013
|Story| Baltimore Sun
Dec 31, 2012
|Column| Chicago Tribune
Dec 28, 2012
|Story| Baltimore Sun
Jan 14, 2013
|Story| Baltimore Sun
Nov 13, 2012
|Story| Chicago Tribune
Oct 19, 2012
|Column| Chicago Tribune
Sep 14, 2012
|Column| Chicago Tribune
Jun 25, 2012
|Story| Chicago Tribune
Oct 15, 2012
|Story| Chicago Tribune
Original site for Morningstar Incorporated topic gallery.