The Takeaway: Madoff fingers JPMorgan

Portfolio

Five signs the rally is on hold. (The Reformed Broker)

Believe it or not, Vanguard is cutting fees on its dividend funds even lower – now they’re going to pay you to own them. (Focus On Funds)

“Despite the worries we hear in some corners about looming high-yield defaults, we think default rates will stay low for at least the next few years.” (AllianceBernstein)

UBS breaks from The Street’s gold bears and predicts a massive rally this year. (The Tell)

Endless stimulus is finally generating a jobs boom – for housing related industries like mortgage re-fi. (Bloomberg)

The Biz

The most shocking thing about this brokerage firm is that it is still in business. Maybe we shouldn’t be shocked at all, actually… (Bloomberg)

Ron Rhoades drops a monster document about the new paradigm for regulating RIAs. (Scholarly Financial Planner)

How Do You Nudge Clients Towards Their Financial Planning Goals? (Nerd’s Eye View)

Jeff Spears: The biggest and best brokers have yet to break away from the wirehouses… (WealthManagement)

Outliers

Bernie Madoff says JPMorgan knew exactly what was going on. (ValueWalk)

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Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.