A capitalist economy only can flourish if the rewards of capitalism are equitably shared with the workforce. Championed by the son of Huey Long, employee stock ownership plans (ESOPs) have made that possible since their adoption in 1974. The...
Apple recently angered a Canadian widow by demanding she produce a court order to obtain her late husband’s Apple ID password. We’ve been down this road before. A person dies without sharing any of their passwords and surviving family...
Taking the leap into smart beta.
OppenheimerFunds announced that it's diving into the world of smart beta with its new Factor Weighted ETFs. Securities are weighted on the basis of top line revenue, which OppenheimerFunds said more closely...
Pick door No. 3.
Private wealth management firms were in high demand in 2015, dominating the financial transaction landscape among asset management firms with a record 59 deals, according to a new report by Sandler O’Neill. The firm attrib...