This week’s episode of HBO’s Ballers highlights the dark side of fame—the inevitable shakedowns. And as the show points out, the most dangerous ones are rarely straightforward, so it’s helpful to have a team of...
His new home. | Darrin Klimek/Digital Vision/Thinkstock
A Waco, Texas, financial advisor has been sentenced to six years in prison and ordered to pay more than $9 million in restitution for running a Ponzi-type fraud scheme. Charles D. Jon...
It's better to give than receive.
Investors have been in a giving mood lately. Grants from Fidelity Charitable and Schwab Charitable donor-advised funds are at record levels, the two firms said Wednesday. Schwab Charitable said its donors ...
As if. | Adam Gault/Photodisc/Thinkstock
The Treasury Department will stop allowing employers to offer some retired employees lump sum buyouts of their defined pension benefits. Traditional pensions are designed to give retirees income for...
Until someone breaks through and creates a model that demonstrates value for the client, advisors will continue to muddle along with the current anachronistic model.
This week’s episode of HBO’s Ballers serves as an extreme example of how not to handle client relations and the dangers of failing to maintain professionalism. (Warning, spoilers ahead.)
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Because that's not showy. | Copyright Justin Sullivan, Getty Images
A rare consequence of the financial crisis in Greece? The rich in that country are getting shy about flaunting their wealth. According to CNBC, wealthy Greeks are keeping ...
