Ray Dalio noted wide disparities in factors including labor, retirement savings, health care, death rates and education between the top 40 percent and bottom 60 percent of the country.
Edelman is offering a $25 million prize to the XPRIZE competition, Pittsburgh advisor gets jail for Ponzi scheme and Johnny Depp is suing his lawyers.
More than 350 people attended the third annual WealthManagement.com Industry Awards black-tie gala at The Plaza hotel in New York City on Oct. 11.
Also this week: Doug and Liz Fritz launch F2 Strategy, wealthtech reacts to new CFPB guidelines and Stash launches mobile banking.
E*Trade Chief Executive Officer Karl Roessner said the company sees TCA as a way to diversify revenue and prevent some customers from leaving.
Michael Hartnett changes his timeline for a correction, EquityZen values Betterment at $1 billion and IHT Wealth Management partners with nVision Wealth Group.
The regulator began a comment period on the topic Wednesday.
