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Robinhood traders uncovered a glitch that gave them 'infinite leverage'
RIA NEWS NOV 05, 2019
Robinhood traders uncovered a glitch that gave them 'infinite leverage'

Value of covered calls traders bought on margin were added to their capital, allowing them to borrow more.

Morgan Stanley sees market returns tumbling over next 10 years
RIA NEWS NOV 04, 2019
Morgan Stanley sees market returns tumbling over next 10 years

Weak economic growth and low inflation will limit investment gains.

For ETFs, there's a dark side to zero-cost investing
RIA NEWS NOV 04, 2019
For ETFs, there's a dark side to zero-cost investing

Funds that eliminate management fees have to figure out how to pay for such expenses as record keeping and licensing an index.

Liquid alternative ETFs are set to double their assets, report says
RIA NEWS NOV 04, 2019
Liquid alternative ETFs are set to double their assets, report says

Investors are interested in alts as a way to diversify portfolios, and ETFs are an easy way to access some types of alts.

Fisher Investments won't take no for an answer, prospects say
RIA NEWS NOV 01, 2019
Fisher Investments won't take no for an answer, prospects say

Firm has accumulated a pile of complaints at the Federal Trade Commission from prospective investors.

Supreme Court to consider challenge to SEC disgorgement powers
REGULATION, LEGAL & COMPLIANCE NOV 01, 2019
Supreme Court to consider challenge to SEC disgorgement powers

California couple fighting a $27 million disgorgement order argue the agency lacks the power to demand the penalty.

North Carolina-based firm acquires $600M RIA founded by Arthur Laffer
RIA NEWS NOV 01, 2019
North Carolina-based firm acquires $600M RIA founded by Arthur Laffer

Mr. Laffer was the creator of the Laffer Curve, which was popularized in the 1970s

Florida's Broward Health pulls $93 million from Ken Fisher
RIA NEWS OCT 31, 2019
Florida's Broward Health pulls $93 million from Ken Fisher

Broward's board to seek new partner for its pension and investment assets.

RIA NEWS OCT 31, 2019
Navigating the RIA ecosystem

Firms that maintain open architecture and touch points will endure and grow.

Eric Cantor warns of investor backlash in wake of Fisher remarks
RIA NEWS OCT 29, 2019
Eric Cantor warns of investor backlash in wake of Fisher remarks

Financial firms that fail to respect women will be punished by their customers, he says