Bloomberg

Bloomberg
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GE plunges as Madoff accuser slams its accounting
RETIREMENT PLANNING AUG 15, 2019
GE plunges as Madoff accuser slams its accounting

Harry Markopolos estimates GE needs to boost reserves by $18.5 billion for long-term care insurance portfolio

Franklin Templeton fund biggest loser as Argentine assets plummet
EMERGING MARKETS AUG 14, 2019
Franklin Templeton fund biggest loser as Argentine assets plummet

Large funds from Ashmore and Fidelity also suffered.

Six-adviser firm managing $240 million switches to LPL
RIA NEWS AUG 14, 2019
Six-adviser firm managing $240 million switches to LPL

Highlander Financial Group, based in Rockville, Md., is led by a former pro baseball player.

Countdown to catastrophe? The yield curve and the stock market
EQUITIES AUG 14, 2019
Countdown to catastrophe? The yield curve and the stock market

The inverted Treasury yield curve signals a recession is coming — but the timing is unclear.

Decision on Bitcoin ETF put off again by SEC
MUTUAL FUNDS AUG 13, 2019
Decision on Bitcoin ETF put off again by SEC

Regulator delayed verdict on two applications until October.

How to help clients avoid information overload
FINTECH AUG 13, 2019
How to help clients avoid information overload

With so much financial data and information circling clients, teaching them what questions to ask is key to literacy.

Stifel to acquire assets of Kansas City-based B-D
RIA NEWS AUG 12, 2019
Stifel to acquire assets of Kansas City-based B-D

Acquisition focuses on George K. Baum & Company's muni business.

Vanguard put shares of gun maker in a gun-free ETF
MUTUAL FUNDS AUG 12, 2019
Vanguard put shares of gun maker in a gun-free ETF

Mistake occurred in the FTSE index the ETF tracks; Vanguard says it is considering additional controls.

Ex-Woodbridge Group CEO Robert Shapiro pleads guilty in $1.3 billion Ponzi scheme
RIA NEWS AUG 08, 2019
Ex-Woodbridge Group CEO Robert Shapiro pleads guilty in $1.3 billion Ponzi scheme

Faces 25 years in prison for running fraud that affected more than 7,000 investors.

Employer assistance with student loan debt huge lure for millennials
RIA NEWS AUG 07, 2019
Employer assistance with student loan debt huge lure for millennials

Recent survey shows 8% of U.S. employers in 2019 offer contribution plans to staff.