Marijuana Investing: Why Advisors Should Just Say No
Advisors can't in good faith recommend an investment that's still illegal, lawyer David Welch says, but they can help position clients for eventual legalization.
Hedge Fund Investors: Who’s in the $1 Billion Club?
Despite high-profile withdrawals, the number of institutional investors pouring $1 billion or more into hedge funds increased over the last year, Preqin reported.
Retiring? Then It’s Time to Move
Surprising insights emerge about when, where and why retirees relocate, Michael Finke writes.
Retire Abroad? Not So Fast
Clients interested in overseas retirement need education and advice about the possible pitfalls.
Raymond James Adds Team in Flooded Texas Region
Meanwhile, Raymond James, BofA and Wells Fargo are donating to flood relief, and RJ says it is buying Producers Choice Network.
Baird Adds Branch Manager From UBS, Advisor From Morgan Stanley
The employee-owned wealth firm added advisors in Maine and Ohio.
Real Estate Investors Looking to Buy More, Higher Priced Houses
Nearly half of real estate investors plan to buy four or more houses this year, a Visio survey says.
Jobless Claims’ 4-Week Average Falls to 15-Year Low
Weekly jobless claims in the U.S. decreased by 1,000 to 264,000 in the seven days ended May 9.
Oil's Not Coming Back. Here's Why
WTI prices have moved up $17 a barrel from their six-year low, but that comeback could stall.
SEC Charges Radio Hosts With Misleading Life Settlement Investors
The Texas-based hosts falsely told investors that interests in life settlements they sold were guaranteed, safe as CDs and federally insured, the SEC says.