The Takeaway: S&P 500 breaks all-time high; time to start using margin

AUG 01, 2013
Portfolio The S&P 500 broke 1700 this morning for the first time ever.  (The Reformed Broker) Jobless claims fall to the lowest levels since January 2008.  (TIME) BlackRock, in pursuit of the "white whale of retirement income" launches its target-date bond fund suite.  (Investment News) A look at how several asset allocation strategies have done so far.  (Mebane Faber) Stress-testing your retirement portfolio buckets.  (Morningstar) The Biz Bank of America shakes up Merrill's fee schedule, will raise prices for many clients.  (WSJ) Why does Blackstone want attention from retail investors all of a sudden?  (YCharts) The four numbers every retiree should know.  (Charles Sizemore) Being more realistic on retirement withdrawal rates - is 3% the new 4% rule?  (Morningstar) Outliers Breaking: Long Island fund managers accused of $188 million ponzi.  (Newsday) *** 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

Former Western Asset Management star bond manager fined $3 million
Former Western Asset Management star bond manager fined $3 million

Kenneth Leech pleaded guilty in June to one obstruction charge, and could face six to 12 months ⁠in ​prison.

Morningstar rolls out agentic AI platform built on its research
Morningstar rolls out agentic AI platform built on its research

Launch of Direct AI follows a model portfolio tie-up with Envestnet as advisors juggle AI adoption and private-market due diligence.

Advisor moves: Osaic draws Equitable advisor overseeing $245 million in assets
Advisor moves: Osaic draws Equitable advisor overseeing $245 million in assets

Meanwhile, Cetera's streak of Commonwealth recruitment continues in Washington, and an LPL advisor hops over to Raymond James in Maine.

AlphaCore adds $400M Blue Rock in Mid-Atlantic push
AlphaCore adds $400M Blue Rock in Mid-Atlantic push

The Sussex County wealth firm, built around business-owner clients, extends the California-based aggregator's footprint in the East Coast.

Bluespring Wealth builds $1B team with Family Wealth Counseling deal
Bluespring Wealth builds $1B team with Family Wealth Counseling deal

The Kestra-owned RIA acquirer merges the planning firm into KDI Wealth Management, creating a majority woman-led advisor team

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor