The conventional wisdom on high-frequency trading is that it hurts no one and in fact makes market more liquid. Retail investors therefore benefit from the algorithm-driven, split-second trades that make up more than half of the activity on a given exchange.
We’ve taken no formal poll, but anecdotal conversations with several financial advisors in recent weeks lead me to believe that many are stymied by the increasingly perplexing options confronting individual investors.
For those who couldn't make Tiburon Strategic Advisors' CEO Summit, here are the 15 most interesting, salient or surprising data points delivered to attendees during the opening session on Tuesday, Oct. 8.
Sometimes it seems as if the wealth management industry is about 20 years behind when it comes to technology, which is why there are dozens of firms all seeking to bring better “solutions” to advisors and clients around asset aggregation, performance metrics, investment planning and transparency. But few have the engineering firepower of Addepar, thanks in part to its co-founder Joe Lonsdale.
Few public figures can move markets like the chairman of the Federal Reserve. The individual whose charge is to coordinate monetary policy by setting (some would say manipulating) interest rates to keep the value of money sound and the economy growing at a sustainable clip is to many the only oracle that really matters. Vice Chairman of the Federal Reserve Janet Yellen is widely seen as a seamless transition...
Sometimes events overtake us. As we deliberated over this year’s list of candidates for our annual “Ten to Watch” list, we admit that John Michel, president of the former BloombergBlack, was close to making the cut.