The Takeaway: How did the rich get that way?

APR 24, 2013
Portfolio Yes of course there's a new 3D Printing index, how else will people be able to get blown up in the inevitable ETF?  (Index Universe) An investing rule I believe could help you a great deal.  (The Reformed Broker) How Jim Chanos is using long positions in Apple and Samsung to offset shorts in Hewlett-Packard and Dell.  (Barron's) The Biz Pay Attention: By 2020, women will control $22 trillion -- 25% more than today's national debt; that's not a segment you can afford to lose.  (RIA Biz) Wells Fargo and Stifel settle raiding claims stemming from AG Edwards hires during the crisis. No, you heard that right - AG Edwards.  (Financial Planning) How did the world's rich get that way? (hint, rhymes with pluck. No, not that, the other word that rhymes with pluck. get your mind out of the gutter.)  (BusinessWeek) It's been eleven seconds since the last one so thank God - new startup aimed at helping advisers use social media has launched.  (Financial Planning) Outliers We've selected your next financial crisis country. Here's why Slovenia will probably wreck your life now that Cyprus is fixed.  (FT Alphaville) *** 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.

Latest News

SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees
SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees

Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.

Apella Wealth comes to Washington with Independence Wealth Advisors
Apella Wealth comes to Washington with Independence Wealth Advisors

The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.

Citi's Sieg sees rich clients pivoting from US to UK
Citi's Sieg sees rich clients pivoting from US to UK

The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.

US employment report reactions: Overall better than expected, but concerns with underlying data
US employment report reactions: Overall better than expected, but concerns with underlying data

Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.

Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading
Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading

"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.