Lessons You Can Learn From Apple’s CEO

    Forbes article by Siimon Reynolds

    As Apple continues to grow from strength to strength, now is a good time to analyze what Tim Cook is doing right.

    Here is my view of the key differences between the way Cook works versus the typical CEO or company owner.

    1. He Puts Building A Great Company Ahead Of Building A Great Share Read More

    Stock Exchanges Are Beginning to Take Bitcoin Seriously

    Bloomberg News by Olga Kharif

    The biggest U.S. stock exchange operators are taking steps to embrace bitcoin, spurring speculation the digital currency is coming up from underground.

    Nasdaq OMX Group Inc. revealed Tuesday that New York-based Noble Markets, a platform for trading bitcoin, has agreed to license Nasdaq’s X-stream technology. Noble is adopting the same software used by securities exchanges … Read More

    Charles Schwab Unveils Institutional Intelligent Portfolios Details

    Automated investment management solution for RIAs offers broad customization; competitive pricing at 10 basis points; no fee for advisors with $100MM+ custodied at Schwab

    More than 3100 Schwab Advisor Services clients registered for a company webcast today to hear details on Institutional Intelligent Portfolios™ – the company’s automated investment management solution for independent registered investment advisors (RIAs). Among its robust … Read More

    Cruz Does Not Mention Family Ties To Goldman Sachs

    Presidential candidate hides spouse’s ties to Goldman.

    This week, Ted Cruz was the first to throw his hat in the ring for the GOP presidential candidacy.

    But during his speech, reference to his wife’s tenure at New York-based Goldman Sachs Group Inc. was suspiciously missing.

    His wife, Heidi, has worked with the company since 2005 and served most recently as … Read More

    When You Must Take Money Out of Your I.R.A. or 401(k)

    NYT article by Ann Carrns

    The 15th isn’t the only significant tax deadline in April.

    If you turned 70½ in 2014 and have an individual retirement account, you have until April 1 to make your first withdrawal — known as a “required minimum distribution” or “minimum required distribution,” in tax lingo. The rule also generally applies to other tax-deferred retirement … Read More

    Nevada Considers Legalizing Physician Assisted Suicide

    Courthouse New Service article by Laney Olson

    Nevada is joining several legislatures across the country in considering legalization of physician-assisted suicide.

    State Senator David Parks, D-Las Vegas, and seven cosigners introduced Senate Bill 336 on March 16. It would authorize “a physician to prescribe a controlled substance that is designed to end the life of a patient under certain circumstances.”… Read More

    The 6 Most Overlooked Income Tax Deductions

    Bloomberg News article by Suzanne Woolley

    Tax experts told us what even seasoned itemizers tend to miss

    After you’ve itemized deductions on your income tax for a few years, you get to know the drill. You track charitable contributions—even the little ones—and know what unreimbursed work-related expenses are legit. But even experienced itemizers miss things. We called leading tax preparers … Read More

    Index Funds Can Make Retirement Investing Easier

    Newsmax article by Dan Weil

    Investment icons from Vanguard Group founder John Bogle to Berkshire Hathaway CEO Warren Buffett constantly extol the virtues of index mutual funds and exchange-traded funds.

    So it’s no wonder that retirement expert Tom Sightings sees them as a helpful tool for retirement investing. “Investing is so complicated,” he notes in U.S. News & World Report.… Read More

    Bill Gross’s Replacements Thrive at Pimco

    Bloomberg news article by Miles Weiss

    The new managers of the Pimco Total Return Fund have been trumping former boss Bill Gross since he left the world’s largest bond fund, boosted by an opposing bet tied to short-term U.S. interest rates.

    Following Gross’s surprise Sept. 26 exit, the trio that took over the $125 billion fund reduced its exposure to … Read More

    The Fastest-Growing ETFs

    Bloomberg Markets article by Charles Stein

    The business of exchange-traded funds is dominated by three big players: BlackRock’s iShares, Vanguard Group, and State Street, which collectively control 82 percent of the roughly $2 trillion invested in ETFs.

    Other firms are fighting to gain market share, and several have made their way into Bloomberg Markets’ annual ranking of the fastest-growing funds … Read More


JINX: Can Robert Durst Lose His $100 Million Inheritance?

NYC real estate heir may go straight from easy street to death row after surprise arrest for long-unsolved murder. The case raises tough questions about what happens to the funds when trust fund babies go far astray.

Robert Durst just moved into a world where the interest on his share of a billion-dollar Manhattan commercial real estate empire no longer … Read More

T. Rowe Price: Americans Are Impoverishing Their Retirement for College Tuitions

Many American parents face a struggle in their golden years because they are raiding their retirement nest eggs to pay for their children’s college tabs, according to a new T. Rowe Price survey.

Parents who follow such a course might regret it later, in the view of the asset management firm’s experts.

The 2015 Family Financial Trade-Offs Survey included … Read More

Ackman Says He Hasn’t Been Contacted by Federal Agencies on Herbalife

Billionaire investor Bill Ackman said he had not been contacted by federal agencies investigating possible manipulation of Herbalife Inc.’s stock.The company’s shares were up nearly 10 percent in early trading on Friday.

Ackman said in a CNBC interview that some people hired by Global Strategy Group, a consultancy working for his Pershing Square Capital Management LP, had received subpoenas from

Read More

SunGard Steps Up with TAMP / CRM Integration Offering Advisors Powerful Desktop Command Center

SunGard expands into the managed accounts business with the launch of an all-in-one managed investment solution for banks, trust companies and RIAs.

For years, financial and trust advisors alike have complained about too many dysfunctional web-based technologies that sit on the same screen but can’t talk to each other. Now the walls between applications are finally coming down.

SunGard, America’s … Read More

Harrison Ford Plane Crash Makes the Actor a REAL Life House of Cards for Hollywood Studios

The stars love their thrills but flying solo with a busted fuel tank was too close a call for the underwriters. At what point do life planners have to steer clients from on high-risk hobbies?

Harrison Ford probably owes his life to the sport of golf. If he hadn’t been able to set his 1940s vintage plane down on the … Read More

ABA Notes: Innovating Ahead of the Risk Factors

Whenever I go to an industry summit I get a lot out of the educational track but some of the best insight from the ground routinely comes in the exhibit hall. This year’s ABA Wealth Management & Trust Conference delivered plenty of revelations on both fronts.

As we’ve laid out in previous coverage, energy within the ABA is on an … Read More

ABA Summit: Regulatory Clarity Gives Banks New Confidence To Move

The winds of dread blowing out of Washington are finally easing as long-awaited rules hit the books and an industry once paralyzed by contingencies gets back to work.

One of the factors driving the energy at this year’s ABA Trust & Wealth Management Summit is relief.

Nearly seven years after the credit crash, many of the new regulations that have … Read More

Robo Advisors, Non-Traditional Markets: ABA Conference Sharpens Bank Advisors’ Edge

Once-rigid bank wealth management departments are done playing defense. This year’s ABA program gets the channel’s power brokers keyed up to soup up their platforms with cutting-edge systems.

The banks have had a tough decade but from what I’m hearing at this year’s ABA Wealth Management & Trust Conference, the wounds have healed and they’re ready to get back in … Read More

Steve Jobs’ Posthumous Map For Apple: Did He Want To Buy A Car Company?

Wall Street is pleading for the computer giant to pay at least $27 billion for Tesla. With the founder’s famous four-year plan winding down, it might not matter that an Apple car was not on the agenda.

The comparison is easy. Each built multiple companies as well as a reputation as a charismatic, detail-driven visionary, and now Musk is pushing … Read More

Would Whitney Have Let Bobbi Die? Life Support Fight Highlights Need for Multiple Levels of Advance Directive

While it now looks like once-estranged dad Bobby Brown will keep comatose daughter Bobbi Kristina plugged in as long as it takes, weeks of mixed messages have taken an unnecessary toll on the family.

Whitney Houston was found dead in the tub three years ago. Now her 21-year-old daughter might be on life support for the rest of her life … Read More

Untitled Document