You should never, repeat never have both Acrobat Reader and Acrobat Standard/Pro either of the same or different versions installed in parallel on the same system. They and will conflict with each other.
With regards to portfolios generated by Acrobat 10, with the “end of life” of Flash (not a subject for discussion in this community), neither Acrobat Reader nor Acrobat Standard/Pro are any longer able to display the “furniture” of PDF portfolios. The underlying files of the portfolios are accessible with a generic screen display, but the customized screens and interactions that were available via Flash can no longer be created, modified, and/or displayed.