Ben Bernanke and George W. Bush Highlight Schwab Impact 2014
Schwab Advisor Services annual conference expected to attract 1,700 advisors for a collaborative learning experience (with entertainment by Train).
Fidelity’s Durbin: Betterment Deal Keeps Advisors ‘Front and Center’
Co-opting a robo-advisor like Betterment Institutional also provides an opportunity for RIAs to segment client base, says head of RIA custody unit.
Merk: Greenspan Admits Fed Serves as Government’s Credit Card
Surprisingly candid remarks from Alan Greenspan suggest he is bullish on gold because the government cannot meet all of its financial obligations, Axel Merk says.
7 Worst Credit Cards of 2014
Small-business cardholders in particular have much to be wary about since some credit card rules don't apply to them, CardHub says.
Dodd-Frank Rulemaking Like ‘Shoveling Manure’: SEC’s Gallagher
The SEC won “the Dodd-Frank ‘booby prize,’ and we are still paying the price over four years later,” said SEC Commissioner Daniel Gallagher.
FINRA Names Berry Head of Arbitration
FINRA announced Thursday that Richard W. Berry will replace Linda Fienberg as head of the self-regulator’s dispute resolution.
How Behavioral Finance Can Boost Goals-Based Investing
Brinker Capital’s new investment solution uses behavioral finance to structure portfolios that get clients to their goals while managing volatility.
SEC Enforcement: Layne Christensen Fined $5M on Bribery Charge
Meanwhile, the SEC sanctioned Florida-based auditor Eliot Berman for violating federal laws and regs.
82% of RIAs Expect Boost in M&A Deals: TD Ameritrade Survey
Yet only 8% say they really expect to complete tuck-ins of advisor teams this year.
Schwab ETF Assets Up 20% in Q3
Schwab exec attributes ETF growth to its commission-free OneSource platform, while U.S. equity ETFs saw a big jump.