SEC Enforcement: Fake Brokers Charged With Taking $5M From Clients, Going to Prada
In another action, two former brokers were charged with taking client money and hiding their disciplinary histories.
Top 10 Least Stressed Cities in America
Pack up and head to these cities if you want a life of less worry and stress, according to WalletHub.
Recruiting Roundup: Raymond James Adds $7B Retirement Plan Team
Next Retirement Solutions has moved from Wells Fargo to Raymond James' indie unit; meanwhile, Wells Fargo has added 7 indie advisors.
Top 10 cities for best return on salary
You may be surprised to learn which state boasts multiple top cities for cost of living and high salaries.
Top Portfolio Products: ARK Launches 3D Printing ETF
The PRNT ETF tracks the Total 3D-Printing Index, which includes 40 stocks in 3D printing and related businesses such as computer-aided design.
Financial Stress Has Toxic Effects on Employees
One financial factor is key in determining an employee’s financial stress level, finds a study by Financial Finesse.
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.