Hennessy Funds’ Chief Sees Dow at 20,000, ‘Loves’ Japan
With the yield on the Dow at nearly 2.2%, Neil Hennessy says he’s “not going out on a limb” in forecasting a continuance of the bull market.
Fidelity Signs Broker-Dealer Clearing Deal With JPMorgan’s BDS
JPMorgan chooses National Financial as preferred clearing firm for its third-party broker-dealers; BDS chief Joe Triarsi to join Fidelity unit.
Schwab Impact 2014 in Pictures: Bettinger, Bernanke and (Not) Bush
With record attendance and high-profile speakers, Schwab’s annual shindig for its RIAs delivered.
More CFPs Needed but Board ‘Won’t Lower Standards’: CFP Board’s Keller
Board will foster growth partly through corporate partners and needs to “get its arms around” the robo-advisor trend, CEO Kevin Keller says.
Schwab Impact Awards Go to 3 RIA Firms, Recordkeeper
Schwab Advisor Services gave its first-ever Best-in-Retirement Business honor in addition to its RIA awards.
Schwab’s Bettinger, Clark: RIAs Must Evolve; Robos in ‘Top of the First’
Welcoming attendees at biggest-ever Impact, Schwab CEO and RIA chief explain robo-advisor strategy and call on RIAs to embrace the challenge of “Generation Now.”
Schwab’s Sonders: Bull Market Still in Optimism Phase
Schwab strategist says “we’re nowhere near the euphoria we see at market tops,” but “volatility is here to stay.”
Valliere: Despite Victory, Republicans Shouldn’t Think Voters Love Them
Strategist Greg Valliere cautioned that the midterms were a referendum on Obama, not the GOP, and discussed what he said were six big political myths.
Roubini: World’s Economy Flying on Single Engine
Nouriel Roubini sees the global economy as a four-engine jetliner with only one operational engine: the "Anglosphere" of the U.S. and U.K.
Ben Bernanke and George W. Bush Highlight Schwab Impact 2014
Schwab Advisor Services annual conference expected to attract 1,700 advisors for a collaborative learning experience (with entertainment by Train).