A Few Surprising Things About Bernanke You Don’t Know
At LPL’s recent conference, the former Fed chairman revealed some things that may surprise you.
Why Do Wealthy Parents Have Wealthy Kids?
An NBER study discovers that wealthy parents have wealthy children, even when those kids are adopted.
Analysts Are Victims of Behavioral Biases, Too
Like anyone else, analysts behave in a manner inconsistent with the workings of a completely efficient market, says John Riddle of BRC Investment Management.
1 in 10 Advisors Have Never Heard of Robos: Survey
A survey from Jefferson National identifies some misperceptions the industry has about robo-advisors.
‘Dissident’ Candidate Elected to FINRA Board
Brian Kovack campaigned on the need to reform FINRA's arbitration process, exams and registration disclosures.
Pretty Good Week for Live Oak Bank: $200M in Advisor Loans, Plus an IPO
The bank that lends to small businesses held a successful IPO in the same week it hit the $200 million mark in advisor loans.
Cetera Shuttering Broker-Dealer, Pushing Out Some Reps
Recruiter says about half of the J.P. Turner advisors have been invited to join Summit Brokerage.
SEC, FINRA Enforcement: Morgan Stanley Fined on Muni Bond Shorts
Meanwhile, the SEC fined an infant formula maker for bribing Chinese hospital workers.
4 Takeaways for Advisors From LPL Conference
The country’s biggest broker-dealer had several key messages for the thousands of advisors in attendance. Even advisors not affiliated with LPL may find them useful.
Valeant Tells Congress a Different Tax Tale Than Investors
The U.S. Senate Permanent Subcommittee on Investigations held its first hearing under new leadership on Thursday with a dive into the U.S. corporate tax code.