Firm didn't take into account $22M actually paid for the securities, commission contends
U.S. economic engine is humming, but sustainability is still in question; investors can find the most attractive risk-reward opportunities in the center of the risk spectrum, and gain protection in high quality and/or dividend growth equities.
Sticking to his guns has paid off for Bruce Berkowitz so far in 2012, as his Fairholme Fund was up 17% in January
Retirement plan advisers are most interested about fees and expenses when talking to fund wholesalers.
Lack of data standards has slowed the evolution of the advisory business. “Things move at glacial speed in the financial services world,” said Bill Harris, who is probably best known for having served as chief executive at both PayPal and Intuit Inc.
