The Daily Brief

Deanna Rankin, a Texas native, will oversee all regulatory compliance for the firm’s San Antonio-based trust company.

Yet, they still maintain significant asset allocations to real estate.

Retirement Paycheck is integrated into Personal Capital’s planning tool, ensuring accurate withdrawal recommendations and helping clients avoid penalties.

Vishal Savla is facing up to 20 years in prison after pleading guilty to wire fraud after he sent clients phony account statements showing large profits, not the heavy losses he was incurring as a result of bad trades.

“Tax stuff is very complicated,” the Dude said.

SEC Chairman Jay Clayton is holding roundtable discussions regarding the agency’s best interest proposal.

Only 36 percent of stock-picking managers survived or outperformed their average passive peer over the past 12 months, according to Morningstar data.

Vestigo Ventures topped off its fund at $58.9 million, besting its target of $50 million.

Culturally, it was “probably one of the easiest deals in the world.”

Healthcare and disease mitigation are the topics of most interest.