Individual Donors Drove Record Charitable Giving in 2016
Corporate and foundation giving rose last year, while estate gifts plummeted, according to the annual Giving USA report.
Advisors’ Use of Digital Technology Needs Overhaul: Global Wealth Report
Digital initiatives have largely centered on providing customers with basic portfolio functionalities, but more is needed.
Packers’ Aaron Rodgers on Leadership, Post-NFL Career: Pershing Insite
BNY Pershing’s INSITE 17 featured an entertaining and insightful conversation with the Packers quarterback, led by Mark Tibergien.
Senate Finance’s Hatch Seeks Public Input on Tax Reform
Senate Finance Committee Chair Orrin Hatch is seeking public input on how Congress should improve the tax code.
BNY Mellon’s Pershing Launches No-Fee ETF Platform: Portfolio Products
In other product news, Envestnet | Yodlee launched a personal financial wellness solution.
Schwab, LPL Mid-Year Outlooks: Beware, Goldilocks Ahead
A review of mid-year outlooks from several major financial firms reveals caution about expectations and risks but no recession or market crash.
W. P. Carey to Exit Nontraded REIT Business
Trends suggest that regulatory issues (like DOL) played a part, along with some fallout from the RCAP-Schorsch debacle.
BDs Step Up Fight Against Elder Financial Fraud
Broker-dealers reported nearly 2,300 cases of fraud or exploitation to authorities in 2015, NASAA study finds.
Las Vegas Firm Busted in Phony LGBT Resort Scam: Enforcement
In other enforcement news, Nationwide, Pershing and FSC Securities all receive FINRA fines.
Gundlach: Even Odds of 3rd Rate Hike; Trump Being ‘Rope-a-Doped’
For some market players, it makes sense to move to cash, the DoubleLine executive says, reiterating the bumps he sees ahead.