Wells Fargo Grabs 8 Advisors With $1 Billion in Assets
Meanwhile, RIAs affiliated with Focus Financial and LPL add reps.
Top 20 States for Private Equity Investment
An analysis by a private equity group ranks states by investment value and number of investments.
New Hire Roundup: Janus Capital Adds Scholes, Alankar
Also in new hires, the SEC announced that Thomas Krysa has been named associate regional director for enforcement in its Denver office.
Yellen’s Economy Echoes Arthur Burns More Than Greenspan
Federal Reserve Chair Janet Yellen faces an economy that is starting to look more like the 1970s than the 1990s.
Worries Peak on Puerto Rico Utilities Debt After New Bankruptcy Law
After debt-restructuring bill’s passage, bondholders watch to see if the commonwealth's electric utility will make Tuesday payment; two fund companies sue to declare law unconstitutional.
FINRA Unveils Trade Prices in $1.5 Trillion Private-Bond Market
Investors have access to public price information in the $1.5 trillion market for privately sold corporate bonds beginning today.
Ritholtz: The Shame of Alternative Investments
The "Yale model" of investing no longer works, Ritholtz says, because there just aren't enough good alternative investments to go around.
15 Most Affordable Online MBAs
Here are 15 online business graduate degrees that get high quality ratings and won't break the bank.
SEC, FINRA Enforcement: Advisors Get $3.6M Arb Award After Boss Faked Client Complaints
In other actions, Massachusetts has charged Boston-based Cabot Investment Properties with fraudulent sales of real estate investments to seniors.
Wealthy Clintons Use Trusts to Limit Pain of Estate Taxes
Bill and Hillary Clinton have long supported an estate tax to prevent the domination of inherited wealth. That doesn’t mean they want to pay it.