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From Bitcoin's beginnings five years ago, it's been all about sticking it to the man and the financial establishment. Until now. Two Bitcoin companies, BitPay, a payment processor, and Vaurum, an exchange for institutional investors, have hired A...
Two years after being declared dead, an ex-investment adviser from Georgia was sentenced to 30 years for losing clients' money, AP reported on Tuesday. Aubrey Lee Price, 48, lost much of the $40 million he raised from about 115 clients and then v...
Robo-advisors aren't necessarily new to the financial services industry, but with the likes of Charles Schwab entering the field to compete with the Wealthfronts, Betterments and FutureAdvisors out there, they're getting renewed attention. U.S. N...
Technology is changing the financial services industry and investing to meet the demands of investors for more social interaction, more transparency and lower costs, said Hardeep Walia, co-founder and CEO of Motif Investing during NAPFA’s...
We’re coming out of a 30-year bull market in bonds, and just experienced a 10 percent stock market correction. But Bob Doll, Nuveen Asset Management’s chief equity strategist, believes there are more reasons to be confident this year...
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...
