PIMCO’s Gross: Fed’s Right on Ending QE, but Bernanke Spoke Too Fast
Bill Gross believes Ben Bernanke has failed to see problems plaguing the U.S. economy: wages dampened by globalization, an aging society and technology's elimination of jobs.
Conducting Due Diligence of Sub-Advisors and Third-Party Advisors
Engaging in due-diligence of sub-advisors isnt just a recommended best practice it is part of the fiduciary obligation to a client. An RIA should be extremely reluctant to enter a relationship with a sub-advisor who claims the firms strategy is proprietary.