Democrats Renew Push to Probe Deutsche Bank Russia Scandal
Waters writes letter to GOP chief of House finance committee; lawmakers seek information on mirror trades, loans to Trump.
Ric Edelman: Advisors’ Biggest Tech Threat Isn’t Robos
The technology with the most radical impact on advisors’ businesses is something they may know little or nothing about, Ric Edelman tells ThinkAdvisor.
Hedge Fund Manager Points to Gold as Hedge Against Rising Political Risk
Ray Dalio recommends having 5-10% of assets in gold; current risks are “especially challenging to price in.”
Wells Fargo Chair Likely to Step Down: Report
Vice Chair Elizabeth Duke will probably be the replacement, paper reports; the decision follows new revelations about auto loan business.
In a Shift, Cetera to Gather Its BDs at '18 National Conference
News of the plans, which will include "firm-specific" events, is being shared in a decentralized fashion.
IRS: Watch Out for 'Tax-Savvy' Phishing Scams Ahead of Oct. 15
Cybercriminals send emails about "software updates" to try and get info on taxpayers and commit fraud.
Pimco, T. Rowe Price Warn Investors: ‘Time to Reduce Risk’
Pimco says elevated prices leave "little room for error"; T. Rowe Price cut stock allocation to lowest level since 2000.
Boomers Who Refuse to Sell Are Dominating the Housing Market
Older Americans own half of houses, squeezing out youngsters; why one 23-year-old cruises streets and knocks on doors
Buffett Nears a Milestone He Doesn't Want: $100B in Cash
While that figure highlights the staggering moneymaking ability of the businesses he’s collected over the years, it’s also a burden.
Kestra to Buy H. Beck, Add 600 Reps & Launch Robo
CEO Poer says seller Securian is not exiting the broker-dealer business and will keep ownership of another BD.