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  • Oct 30, 2014
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    The Daily Brief: Bitcoin Grows Up

    Two Bitcoin companies, BitPay, a payment processor, and Vaurum, an exchange for institutional investors, have hired Arthur Levitt Jr., who served as the chairman of the SEC from 1993 to 2001, as an adivsor....More
  • Oct 29, 2014
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    The Daily Brief: Zombie Advisor

    Two years after being declared dead, ex-investment adviser from Georgia was sentenced to 30 years for losing clients' money, AP reported on Tuesday. Aubrey Lee Price, 48, lost much of the $40 million he raised from about 115 clients and then vanished in 2012....More
  • Oct 28, 2014
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    The Daily Brief: The Robo Advisor Debate Continues

    Robo-advisors aren't necessarily new to the financial services industry, but with the likes of Charles Schwab entering the field to compete with the Wealthfronts, Betterments and FutureAdvisors out there, they're getting renewed attention....More
  • Oct 27, 2014
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    The Daily Brief: The Middle Class and Retirement

    Wells Fargo recently released its annual Middle Class Retirement Study, in which 20 percent of respondents said they would rather die early than not have enough money to live comfortably in retirement....More
  • Oct 24, 2014
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    The Daily Brief: Women and Wealth

    Women are living longer than men. We all knew that. But, as a result, they're the ones who wind up having to manage what's left of the money....More
  • Oct 23, 2014
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    Fiduciary Advocates: We Need a New Strategy

    The brokerage industry outspends RIAs 50 to one in lobbying dollars, and the press hasn't done a good job covering the fiduciary debate, advocates for the fiduciary standard said during NAPFA's fall conference today. The industry needs a new strategy....More
  • Oct 23, 2014
    blog

    The Daily Brief: Antoine Walker's Financial Failure

    Former Boston Celtics power forward and NBA All-Star Antoine Walker talked to Bloomberg's Pimm Fox about how he lost $110 million, spending it on exotic cars, jewelry and handouts to a posse of "about eight to nine guys."...More
  • Oct 22, 2014
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    The Daily Brief: Asia Pacific Wealth Report 2014

    According to the Asia Pacific Wealth Report 2014, by Capgemini and RBC Wealth Management, the region's population of high-net-worth investors grew 17 percent to 4.3 million, while their assets grew 18 percent to $14.2 trillion....More

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