Advisors are not fazed by the impending Department of Labor fiduciary rule, expected to come out today. Sixty-one percent of advisors said they expect little to no impact on their business if the DOL rule passes, according to Russell Investme...
Sheila Bair is joining Avant. | Alex Wong/Getty Images
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair has joined the board of online lending platform Avant, the startup announced Friday. Avant has originated more tha...
Just how much has fintech disrupted the world? Now you can see all 1,362 companies and $25.8 billion in funding across 54 countries in a single infographic. It even shows the countries that provide the most attractive ecosystems for fintech...
Scottie needs a new money manager. | Jonathan Daniel
The financial advisor for NBA legend and former Chicago Bull Scottie Pippen has been sentenced to three years in jail for fraud, including forging Pippen’s name on a $1.4 million persona...
Boats, Boats, Boats. | Carlos Alvarez/Getty Images
Are your clients fed up with all of the unused yachts they have just floating around taking up space? Well, you’re in luck. SeaKeepers Society’s Yacht Donation Program is here to take unwa...
The numbers don't add up.
The numbers from the recent academic study on the high percentages of “bad brokers” still serving clients at financial advisory firms got a lot of attention in the press (“The Wolves of Wall Street Are Everywhere...
Don't bite. | Copyright Mario Tama, Getty Images
The Zika virus is the latest health crisis to strike, and the Centers for Disease Control and Prevention has issued a public health alert for travel to places where the virus is spreading. B...
Not running. | Copyright Mike Coppola, Getty Images
A survey of more than 1,100 financial advisors found that in the upcoming presidential election, they favor Florida Sen. Marco Rubio. The poll by Advisor Perspectives, which included 13 c...
Roll the dice. | Sergey_P/iStock/Thinkstock
Retail investors tend to buy high and sell low. But that’s not what investors are saying this go-round, according to a survey by AMG Funds of 1,000 affluent individuals. Only 7 percent of respond...
