The Takeaway: Weak economic data spurs new all-time high for the S&P. Of course it does.

APR 12, 2013
Portfolio Stocks hit new record high intraday... (CNBC) Morningstar's stock market outlook: Not so undervalued these days. (Morningstar) Q4 GDP revised upward. (Crossing Wall Street) So sorry for journalists we didn't get that exciting bank run in Cyprus this morning. (New Statesman) The Biz What is the number one characteristic of financial advisors that clients cite as being important? (Millionaire Corner) Advizent to close its doors after last-minute negotiations fall apart. (RIA Biz) Wall Street's big firm employees are lurking on Twitter. (The Reformed Broker) CFB Board weighs in on how to spot and prevent elder abuse. (Advisor One)
Who's Happier: RIA or Wirehouse Advisors? (Financial Planning)
Drive-thru advice to the mass affluent channel. (WealthManagement) Enforcement Roundup: Hedge funder and friends nailed for insider trading. (Advisor One) Outliers Your 401(k) is out to get you. (The Atlantic) *** 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

Farther debuts AI investment proposal tool for advisors to win clients
Farther debuts AI investment proposal tool for advisors to win clients

"Im glad to see that from a regulatory perspective, we're going to get the ability to show we're responsible [...] we'll have a little bit more freedom to innovate," Farther co-founder Brad Genser told InvestmentNews.

Barred ex-Merrill Lynch advisor arrested in alleged $2.6M theft of former Miami Dolphin Pro Bowler
Barred ex-Merrill Lynch advisor arrested in alleged $2.6M theft of former Miami Dolphin Pro Bowler

Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous personal expenses, according to police and court records.

Are you optimally efficient?
Are you optimally efficient?

Taking a systematic approach to three key practice areas can help advisors gain confidence, get back time, and increase their opportunities.

Advisor moves: Father-son duo leaves Raymond James for LPL, RayJay adds Merrill Lynch alum in Florida
Advisor moves: Father-son duo leaves Raymond James for LPL, RayJay adds Merrill Lynch alum in Florida

Meanwhile, Osaic lures a high-net-worth advisor from Commonwealth in the Pacific Northwest.

Beacon Pointe adds six RIAs in two-month acquisition spree, boosting AUM by $2.7B
Beacon Pointe adds six RIAs in two-month acquisition spree, boosting AUM by $2.7B

The deals, which include its first stake in Ohio, push the national women-led firm up to $47 billion in assets.

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.