See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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Admitting to Fraud
An accomplice to jailed Ponzi scheme artist Scott Rothstein pleaded guilty to conspiracy to commit wire fraud for his part of the Florida attorney's $1.2 billion crime. Richard Pearson, 57, of Miami, acted as a broker and rece...
The Financial Planning Coalition is advocating for new regulatory standards for financial planners, but is investor confusion enough to justify more rules in an arguably already overregulated industry?
The Coalition, which is made up of the CFP ...
A Rich Afterlife
Forbes released their annual list of top-earning dead celebrities last week, and Michael Jackson once again came out on top with $140 million in earnings. Jackson, who died in June 2009, had his second posthumous album release t...
The Second Life
How can professional athletes set themselves up for post-sports success? According to a Fortune Magazine report, players need to develop their business strategy prior to retirement. The article highlights Derek Jeter, who retired...
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...
The Gates Made of Gold
Entrepreneurs who made their own fortunes accounted for 35 of the 50 people on a recent Wealth-X list of the wealthiest individuals in each U.S. state. That includes self-made entrepreneur Bill Gates, Microsoft co-founder...
Oct 15 (Reuters) - The stock market quaked on Wednesday after a week of tremors, but financial advisers and stockbrokers stuck largely to their scripts...
Reducing the Risk
A report released this month by Research Affiliates argues that young workers should begin with a less risky portfolio, noting that their attitudes about investing and risk bearing should not be “poisoned” by a bad early experi...
