With billionaire Donald Trump the Republican Party's nominee for President of the United States and Hillary Clinton releasing her recent tax returns, CNBC listed the top 10 richest presidents in history. Topping off the list is John. F. Kennedy, which 24/7 Wall Street listed at $1 billion. JFK inherited his wealth from his father, who invested in stocks and commodities before turning to real estate and other businesses. JFK is followed by George Washington, whose net worth was estimated at $525 million. The majority of his wealth came as a land speculator and from his Mount Vernon plantation, that included five separate farms on 8,000 acres of prime farmland.
Raymond James Launches Mobile App
Raymond James launched several new technology tools for advisors over the last month, including an “Advisor Mobile” app that advisors can use to look up client and account information from an iOS device. The app can also show recent trades, firm information and contact information. Advisor Mobile was first tested at the RJFS National Conference in April, and after months of beta testing and incorporating advisor feedback, is now available for advisors. Raymond James CIO Vin Campagnoli said the launch of Advisor Mobile and some other recent technology upgrades “illustrate how we design our technology tools from perspective of the advisor—and spend time getting their input and feedback.”
Advisor or Adviser?
A deep dive into the data surrounding the word that can go both ways. An older but still relevant post on Medium by data lover Philip Shemella is likely the most exhaustive and entertaining foray into the debate ever taken, and, most likely, ever will be taken. The takeaway? Advisor is a title, and an adviser is simply one who advises.