Kill Your 401(k), Conservative Author Says
Duncan Black, a conservative author, says government confiscation of 401(k)s may loom, while a liberal blogger says 401(k)s are "a disaster," calling for fatter Social Security checks.
New Hire Roundup: Aberdeen Adds NYC Office
This week in new hires, MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.
3 Reasons Obama Will Capture Independents’ Vote: Andy Friedman
Andy Friedman of the Washington Update says in his commentary that independent voters will likely tilt the election to Obama, and that the election won't immediately resolve the uncertainty surrounding the fiscal cliff.
‘Where Did My $35,000 Go?’— Advisors Face Identity Fraud Risk
Thieves are starting to reach out to their victim’s financial advisor and request a wire transfer of thousands of dollars, says Jean Chatzky in a “This Week in Your Wallet” column.
Older Americans Look Forward to Aging, but Aren’t Prepared
People 60 and older are upbeat but uncertain about aging, a survey released Wednesday by The National Council on Aging and UnitedHealthcare found.
It’s Graduation Season. Are You Missing a Key Differentiator?
The wise advisor will take advantage of this teachable season by reaching out to clients with tips on last-minute college funding.
Learning the Hard Way
The venture capital fund industry is reeling from a report issued by the Kauffman Foundation last month.
Ivy League All-Star Investment Team: At Point Guard, Jeremy Lin
Consider: If advisors act as asset allocation point guards for their clients, which Ivy Leaguers would you want on your team?
New Hire Roundup: SEC Welcomes Norberg; Fleming Joins FINRA Board
This week in new hires, Jane A. Norberg joined the SEC as deputy chief of the Whistleblower Office; Gregory J. Fleming was elected to FINRA's board of directors; Mike Anderson went to Securities America; and Dan Dorfman joined Trim Tabs Money Blog as a columnist.
Senate GOP Blocks Cordray as Head of Consumer Bureau
The Senate fails to move forward nomination of Richard Cordray as first director of the Consumer Financial Protection Board; GOP says director will wield too much power and that CFPB is unaccountable to Congress.