Reegan Rae is joining a small group of women executives in the financial services industry as the new leader of one of the industry’s leading registered independent advisors. Arnerich Massena, a Portland, Oregon-based RIA with more than $7 billion in assets under management according to its most recently filed form ADV, has named Rae as […]
Archives for 2021
DoL greenlights fiduciary rule replacement, but leaves door open to changes
The Department of Labor confirmed that a replacement for the Obama-era fiduciary rule will go into effect Feb. 16 — but the agency left the door open for new regulatory changes. The rule change permits investment fiduciaries to receive compensation as a result of advice to roll over assets from a retirement plan to an […]
mHealth Apps Expose Millions to Cyberattacks
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Advisors’ worst career mistakes: What I’ve seen in 35 years as a recruiter
In my 35 years as an executive recruiter, I’ve seen many advisors make solid career decisions that set them up for future success. But then there were advisors who made some astounding mistakes. Here are a few that stand out. The BoasterOnce, the head of a team boasted to the branch manager at a prospective […]
Weekend Reading for Financial Planners (Feb 13-14)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the announcement that the Investments & Wealth Institute (IWI) is launching a new online advisor networking/community platform called “The Hive”, to be available to both IWI members and those beyond, as the organization seeks to expand […]
De Blasio calls for ‘full accounting’ of Cuomo nursing home cover-up allegations – Fox News
New York City Mayor Bill de Blasio on Friday called for a “full accounting” of the circumstances behind an alleged coverup by Gov. Andrew Cuomo’s administration of the number of New Yorkers who died in nursing homes in the early days of the COVID-19 pandemic. “It’s very troubling. We’ve got to know more. We now need […]
Biden’s climate change strategy looks to pay farmers to curb carbon footprint
Fourth generation cattle rancher Loren Poncia has made Stemple Creek Ranch carbon positive. He’s implemented rotational cattle grazing systems that allow soil and grass to recover, applied compost on pastures and planted worm farms and chicory that aerate the soil. Courtesy of Paige Green President Joe Biden has called on U.S. farmers to lead the […]
PayPal weighs foray into stock trading, high-yield savings accounts
PayPal is weighing a foray into stock trading and high-yield savings accounts as the firm pushes beyond its iconic checkout button. The payments giant expects the number of active users on its sprawling platform to climb to 750 million by the end of 2025 — roughly double the current level — as it expands into […]
Tech News: Accounting Blockchain Coalition adds crypto tax platform; and more – Accounting Today
Verady, which makes the cryptocurrency tax and accounting platform Ledgible, has joined the Accounting Blockchain Coalition as a member. The ABC generates working papers, education and other resources on important issues around cryptoassets and the tax and accounting ecosystem in the United States as well as globally. Verady will now contribute to that output. Verady […]
The Options Market is a Circus (with Dan Nathan) + The History You’ve Never Been Taught
This week on the Compound Show, Josh takes a look at the history you’ve never been taught – how failed policies from the 20th Century continue to tear our country apart today. Plus, a discussion about the rise of retail options traders with CNBC Fast Money’s Dan Nathan, author of the Risk Reversal blog. Full […]