To an advisor, their practice is their baby; they’ve raised it to maturity over the last 20, 30 or sometimes even 40 years, put their blood, sweat and tears into it. So much so that when it comes time to let go, an advisor expects that the perfec...
Fade to Black
A former stockbroker was sentenced to three years in prison after pleading guilty to scamming the Broadway producers of Rebecca: The Musical by lining up fake investors in the production in exchange for a finders' fee. Mark Hotton...
Trumped!
We know it’s hard to believe, but not every business Donald Trump touches turns to gold. Here are 12 that no longer exist.
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Building His Own Wealth
The Overland Park, Kan.,-based leader of a barnstorming...
Alt ETF of ALT ETFs
ProShares has partnered with Morningstar to launch an alternative investments ETF that is meant to be a one-stop diversified portfolio of alternative strategies in a single, low-cost ETF wrapper, with the ticker ALTS. The fun...
A small corner of the Twitterverse blew up today after an innocent tweet promoting a webinar on the challenges posed by automated investment platforms featuring MarketCounsel’s CEO and President Brian Hamburger, RIABiz founder Brooke...
Some hedge fund managers have had a hard go of it in the liquid alternatives space, the fastest-growing segment of the mutual fund world. They haven’t raised as much money as they thought they would, and many who are in multi-manager funds...
The Future of Finance is More of the Same?
Silicon Valley venture capitalist Marc Andreesen got a lot of attention with a Q&A in Bloomberg Markets magazine where he suggested the entire realm of finance was ripe for disruption. He speaks optimis...
Myth Busting 101
It's a DIY world, where everyone thinks they can cook a meal, renovate a house, fix a car or spin out high-quality crafts simply by watching a few YouTube videos. But clients should be disabused of the notion that they can do fi...
