New Hire Roundup: Marc Seidner Joins PIMCO as Managing Director
Also, BlackRock has named Chip Castille chief retirement strategist, a new position.
Andrew Madoff, Convicted Conman’s Last Surviving Son, Dies at 48
He died Tuesday at Memorial Sloan Kettering Cancer Center in New York after battling mantle cell lymphoma, his attorney told Bloomberg.
Top 10 Better Letterman Replacements Than Colbert: Advisor Edition
Stephen Colbert will replace David Letterman next year as host of CBS’ “Late Show,” but ThinkAdvisor has 10 financial gurus who might be better fits.
15 Best Finance Tweets of the Month: March
The Twitterati discuss whether the market is rigged, Nouriel Roubini rails against bitcoin, and Jeffrey Kleintop of LPL shows how to spot bubbles.
Beware High-Speed Trading’s Hidden Cost: Seawright
Like insider trading, high-frequency trading uses an unfair information advantage against ordinary investors, says broker-dealer CIO Bob Seawright, and the damage is hard to see.
2 Easy Ways for Advisors to Be More Persuasive
Plus a bonus: a helpful tool you never knew was hidden in Microsoft Word.
Cash In on Washington Dysfunction, Friedman Urges Investors
Washington Update analyst Andy Friedman sees a market downturn as Jan. 15 and Feb. 7 deadlines loom, creating an opportunity for investors.
What Should 401(k)s Cost? What Do They Cost?
As DOL prepares its fiduciary reproposal, a Yale professor’s letter has shifted the conversation to “Why are 401(k) plans overcharging participants?” It’s the kind of publicity politicians can’t ignore.
7 Famous Dads Who Make Good Financial Role Models
Despite their wealth and fame, these celebrity fathers have a set a good example in frugality for their kids to follow.
CBS Hears the Call of the REIT: It’s Not the Taxes, It’s the Yield
Coverage of CBS' spinoff of its outdoor advertising segment as a REIT has made much of the fact that REITs pay no corporate income taxes. But a NAREIT spokesman says the real story is not taxes but the ongoing search for yield in a low-rate environment.