10 Best Cities for Millennials to Live
Taking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
Top Portfolio Products: Morningstar Adds Global Risk Model
Morningstar's risk model evaluates more more than 40,000 stocks and 10,000 equity funds to help investors understand potential risks and returns.
FINRA Enforcement: RBC Failed to Report Reps' Wage Garnishments
Meanwhile, New York-based Jefferies was censured and fined on TRACE execution time reporting failures.
Recruiting Roundup: Ex-Morgan Stanley MD Joins Brinker Capital
Meanwhile, New York Life names Afshar, formerly with Best Buy, to an executive post; IMCA names its new marketing chief.
Top Portfolio Products: 4 Firms Add ETFs; Fidelity Cuts Fees
State Street and AccuShares introduce sector ETFs; Guggenheim and Deutsche Asset Management launch "smart" ETFs.
Enforcement: 'Frack Master' Charged With Taking $30M From Investors
Meanwhile, an Omaha advisor was suspended and charged in a scam involving annuities.
Recruiting Roundup: Dynasty, LPL Affiliates Add Advisors
Meanwhile, Akron, Ohio-based Sequoia Financial Group says it is merging with RAV Financial to form a team with $3 billion in assets.
TrimTabs Loses Management of ETF, Then Files to Launch Its Clone
What TrimTabs did when AdvisorShares chose another firm to manage the ETF it had designed.
Enforcement: Ex-Jet Mark Sanchez, 2 MLB Pitchers Bilked by Advisor, SEC Says
In another action, the SEC froze the assets of a U.K.-based trader accused of hacking into the online brokerage accounts of U.S. investors.
Recruiting Roundup: Raymond James Adds $205M Wells Team
Meanwhile, LPL Financial, U.S. Trust and others announce new affiliated reps and management hires.