Cash Is Top Long-Term Investment Choice for Millions
Cash beats real estate for many Americans, a study says.
Enforcement: Raymond James Fined $1.45M in Vermont Immigrant Visa Case
In another action, the New Jersey Bureau of Securities revoked a broker's registration after it found that he manipulated bond trades.
Medical marijuana saving Medicare millions
A new study finds that in states where marijuana is legalized, Medicare saved millions of dollars as marijuana displaced other prescription drugs as an alternative treatment.
Recruiting Roundup: RBC Wealth Adds 2 Teams From Rivals
Meanwhile, Cetera, Deutsche Bank and Snowden Lane say they have picked up new advisors as well.
10 best cities for millennials
Taking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
Who Likes Robo-Advisors? Not These People
Data from two retirement providers indicates that the appetite for automated retirement advice is low.
Women, minorities, millennials face unique retirement savings challenges
Retirement saving is more difficult for women and minorities, a white paper says, and often for reasons beyond their control.
Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.
Enforcement: Citigroup Fined $7M Over Incomplete Blue Sheets
In another action, Goldman Sachs was censured by FINRA and fined in two separate cases.
Recruiting Roundup: Dynasty Adds Group From Lebenthal
Meanwhile, several wirehouse reps help form a new RIA in Cleveland; Betterment adds a CFO and hits $5 billion in AUM.