Josh Brown

The Takeawayblog

The Reformed Broker, Josh Brown, distills the best of the web each day – and offers some sage advice on social media along the way.

The Takeaway: Wealthy pull an end-run on tax hikes, save bundle

Feb 26, 2013 @ 1:47 pm

By Josh Brown


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)


New York State's billionaires shift their taxable activities ahead, generate massive $35 billion windfall in tax revenues. (CNBC)


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.


What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video


Behavioral finance’s big innovations

What’s next for behavioral finance? Bernard Del Ray, the CEO and founder of Capital Preferences offers some unique ideas from the 2017 FPA Conference in Nashville.

Video Spotlight

The Search for Income

Sponsored by PGIM Investments

Recommended Video

Path to growth

Latest news & opinion

How to save retirement planning from tax reform

Losing big deductions, even in lieu of a larger standard deduction, may cause taxes to rise in retirement.

Advice firms in a tricky financial position

As revenue growth dips and salaries rise, nearly 90% of firms are at or near capacity.

In a turnaround, Wells Fargo Advisors sees slight bump in headcount

Racked by a scandal in its retail banking unit, Wells still managed to add 37 new advisers in the third quarter, a small number but an improvement nonetheless.

Social Security benefits to increase by 2% in 2018

Largest cost-of-living adjustment since 2012 may be offset for some by higher Medicare premiums.

House panel approves legislation to kill DOL fiduciary rule, and 2 other adviser-related bills

The measures, which include revising the accredited investor standard and safeguarding those who report elder financial abuse, head to the House floor but face varying degrees of difficulty in the Senate.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print