Andy Millard loses election for NC House seat, experts predict a post-Trump victory stock market bubble and wealthy investors are clamoring for robo advice.
Luxury condos in Manhattan outpace the S&P, advisors are overconfident on multi-generational wealth transfer and Michael Mahoney moves from Morgan Stanley to Snowden Lane.
The markets are rooting for political gridlock, Goldman Sach's election guide and wealthy Chinese are scooping up U.S. real estate, art, cars and stamps.
Merrill Lynch launches ad campaign featuring its commitment to the DOL rule, Millennials are too cash-strapped to buy a home and Strategic Insight acquires BrightScope.
DOL rule, other challenges are fueling the increase in asset management mergers, college students who lose their financial aid are more likely to drop out and don't bring ashes to the opera.
IBDs and RIAs are gobbling up new assets, Cetera is putting out its own technology tool for DOL rule compliance and Orion is launching an interactive training course.