Portfolio
El-Erian: Here are the three factors keeping stock gains sustainable right now. (AdvisorOne)
An active ETF that uses a passive discipline - okay, you have my attention... (Morningstar)
The Biz
34% of affluent investors use social media to make financial decisions. (Plansponsor)
Ray Jay completes the Morgan Keegan integration, combined firm said to be "unstoppable" by someone, probably. (Financial Planning)
Thanks to nothing at all except management skills and financial prowess, and NOT because of any assistance from the government suspending accounting rules or free money borrowing from the Fed and a guaranteed risk-free Treasury spread, banks return to their highest levels of profitability in history. Americans cheer! (Reuters)
is the financial media doing a good job at covering investing? (The Reformed Broker)
RIA business is poised for more growth this year and the next, some stats: (WealthManagement)
"Nearly all (94%) of RIAs are getting paid as a percentage of assets under management...55% of surveyed advisors also charge their clients on an hourly basis, 43% charge fixed fees and 10% receive performance-based fees." (Financial Planning)
Wall Street never makes less money - it just fires enough people until salaries and bonuses stabilize. (DealBook)
Outliers
New York State's billionaires shift their taxable activities ahead, generate massive $35 billion windfall in tax revenues. (CNBC)
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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.
