Chuck Schwab: Slaying Wall Street Dragons—The 2015 IA 35 for 35
Schwab’s values-driven management helped create a firm that made investing more accessible.
Moshe Milevsky: Big Change Is Coming—The 2015 IA 35 for 35
The next generation of advisors "may have very different skill sets in 30 years than their mentors do now," Milevsky says.
Get Ready for a Decade of 1% Annual Returns: Research Affiliates
Research Affiliates agrees with Larry Summers' argument that the U.S. is facing secular stagnation and years of weak demand and slow growth.
Think Millennials Are Neglecting 401(k)s? Think Again
Millennials on average are saving for retirement at a rate similar to Gen Xers and baby boomers, a T. Rowe Price study found.
‘Huge, Nasty Morning After’ Coming for Markets: Stockman
The Fed has reflated a bubble, which spells trouble for stock and bonds, former OMB head David Stockman says on CNBC.
Andy Friedman: One Big Date That Could Shake Markets, Tax Code
Four political "forcing events" are coming to a head around a single date, Andy Friedman of The Washington Update says.
The Case for Dividend-Paying Stocks, Now and Later
“While not risk-free ... neither value nor dividend stocks as a group have ever lost money” when held 15 years or longer, says John Buckingham.
Retirement Plans Paid $820M After Failing Nondiscrimination Testing
More than 54,000 401(k)s failed nondiscrimination tests and were required to return $820 million to participants, according to an annual study by Judy Diamond Associates.
SEC, FINRA Enforcement: BHP Billiton to Pay $25M Over Olympics Invites
Meanwhile, FINRA has censured and fined EDI Financial Inc. for failing to have supervisory procedures in place for sales of private placements.
Bernie Madoff: Making Your Job Harder—The 2015 IA 35 for 35
Five years after Madoff was sentenced to 150 years in prison for conducting the biggest Ponzi scheme in history, investor confidence still hasn’t fully recovered.