The Daily Brief

GuideStone launches "Christian-Screened" alternative fund, Ameriprise lures $463 million team from Merrill Lynch, and new UBS survey examines retirement.

Real estate, not stocks, are American's top long-term investment, men ask for financial help more than women and millennials like global stocks more than boomers.

Madoff's Ponzi scheme had a huge impact on the advisory industry, writing down a retirement plan increases the chances of follow-through, and millennials care about their financial future.

AMC premieres new "Loaded" TV show, Larry Fink sees dark clouds in the U.S., and Citi revamps its Prestige card.

Morningstar weighs in on the new Vanguard CEO, UBS puts wealthy clients in an impact fund backed by Bono, and marketing and education platform Harvest is now offering CFP continuing education classes.

LPL release details of Mutual Fund Only platform, investors' bullish sentiment is waning, and FBI investigates a North Carolina firm.

Burton Malkiel joins the investment committee of ETF Industry Index, Mercer acquires Wealth Design Services, and Stash raises $40 million.

A new ETF tracks corporate sponsors for American pro sports, CIBC makes a wealth management move in Chicago, and how millennials use payment app Venmo (it's not just to split the check).

IRS educates advisors on phishing scams, a Long Island stockbroker sued for libel and an assessment on the next generation's money management skills.

Jay-Z imparts financial wisdom, AssetMark helps advisors serve HNW clients and Bernard Health will provide its services through financial advisors.