Portfolio
ETFs aren't going to solve investors' bad behavior problems. (
Bucks)
Goldbugs search for secret conspiracies to explain their massively upside-down positions in the so-called Safety Trade. Keep searching. (
Business Insider)
The Biz
Full-blown penny stock pump-and-dump alleged by Finra this morning in Lower Manhattan. It's like 1996 all over again! (
New York Post)
Over 75% of wealth management firms surveyed said they have initiatives in place to increase face time with clients. (
Financial Planning)
Massive profile of Brightscope and the Alfred Brothers. (
Investment News)
National Financial Partners wealth management rollup goes private for $1.3 billion. (
Reuters)
Jason Kephart: "It's Jack Bogle's world. The rest of the asset management business is just living in it." (
Investment News)
The future of advisor benchmarking. (
Investment News)
Outliers
No more Gulfstream jets for JC Penney assistant regional vice presidents. Oh well, was fun while it lasted I'm sure. (
New York Post)
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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.