On today's <i>Breakfast with Benjamin</i> menu: BofA settlement bites homeowners. Plus: Warren Buffett feels compliance pain; a mortgage shop tries financial advice; fewer stocks participating in the bull market run; and stocks that could benefit from the ALS ice-bucket challenge.
<i>Breakfast with Benjamin:</i> Barclays warns on stocks. Plus: Gold finds some safe-haven love; how the Fed is off target; Argentina uses social media to attack creditors; Nasdaq's version of déjà vu; and what people buy when money is no object.
<i>Breakfast with Benjamin</i> brings you up to speed on reactions to Janet Yellen's mixed messages on the U.S. job market, gold's surge, and Russian mutual funds' fall.
Does steep drop in assets signal an entry point or a correction?
<i>InvestmentNews</i>' four must-read stories of the week cover this ecclectic set of 'R' subjects.
BlackRock, fielding question on rival Vanguard, says it's best suited to educate the market about the power of ETFs.
Andrew Madoff, the son of the convicted Ponzi schemer, lists $11M in personal property and $4.5M in improved real property.
Although he had 'bills to pay,' he put his real estate in a trust and appears to have provided for his children.
The comedian apparently used sophisticated estate planning techniques to provide for his children.
Church alleges the firm steered it into risky, costly and unsuitable investments. It lost $13 million.
In leaving his estate outright to his partner, the Oscar-winning actor left her with a multimillion-dollar tax bill
Custodian hopes to land on growth path with new technology and new hires.
Report points to low-cost online platform, Millennial market, $1 billion in AUM.
B-D says new deal will result in cost savings comparable to what it would have realized had it moved clearing in house.
The indie B-D behemoth is facing more turnover at the top, this time among its team of investment management professionals.
ClientWorks system, including efficiency measures and mobile access, will be tested until release in spring 2015.
RCS Capital has plenty of leverage as it negotiates with the clearing giant, but millions of dollars hang in the balance. <b><i>More: <a href="http://www.investmentnews.com/section/specialreport/20140810/CLEAR">The latest clearing and custody trends</a></b></i>
Companies moving abroad to avoid taxes — corporate inversions — could trigger capital gains and additional paperwork for clients.
Even as firms trim non-compensation expenses, profit margins stay below stated goals.
As part of an SEC settlement, ex-broker admitted to running an $80 million scheme that profited from the deaths of terminally ill patients.
