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Activist Investor Ancora Seeks Changes in Blucora Board

RIA and investor Ancora argues Blucora is mismanaging Avantax, its roll-up of tax-centric broker/dealers, including HD Vest, sending advisors fleeing.

Activist Investor Ancora Seeks Changes in Blucora Board

RIA and investor Ancora argues Blucora is mismanaging Avantax, its roll-up of tax-centric broker/dealers, including HD Vest, sending advisors fleeing.

Ex-Principal broker faces stunning $39 million in investor complaints

Selling away charges are at the center of three large customer complaints against ex-broker John Krohn. In 2018, Finra reached a settlement with Krohn in which he was suspended from the industry for three months and paid a fine of $10,000.

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Chevron greenwashing complaint filed with FTC

Complaint is first time environmental groups have brought such claims to the Federal Trade Commission against an oil giant.

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Morgan Stanley to Offer Rich Clients Access to Bitcoin Funds

Only wealthy clients with “an aggressive risk tolerance” and at least $2 million held by Morgan Stanley will have access to the funds.

Why Investing in Opportunity Zones Goes Beyond a Tax Break

It is important for investors to know the real impact of their investment, dollar by dollar.

T. Rowe Price launches global ESG fund

The active fund for US investors will try to beat a global index, the MSCI All-Country World Index.

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Wall Street steps up push for crypto ETFs

At least four firms have live applications for exchange-traded funds tracking Bitcoin, but how the SEC will deal with the filings is a mystery.

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Bill Gross says he made $10 million shorting GameStop

At one point, his position was "in the hole by about $10 million," but he stuck with it to sell at a profit, the legendary investor said.

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Resorts Promise Free Stays, Private Flights to COVID-Wary Guests

Provided guest are not in need of medical attention, resort operators are offering the opportunity to self-isolate on their dime.

Five Key SECURE Act 2.0 Provisions

The bipartisan bill provides more opportunities to save for retirement. Here's some highlights.

Transparency with Diana B.: On the Brink of Bankruptcy

Regulatory disclosures from Justin Reckers’ personal life hurt his career and financial stability.

How Smart Are You About Company Name Origins?

What's in a name?

Envestnet Acquires Apprise Labs' Estate Planning Tech

Envestnet finalized the purchase of Edmond Walters' estate and legacy planning technology, rolling it into MoneyGuide and exiting the joint venture.

Restaurateurs with Cash Are Ready to Seize the Post-COVID Moment

Cash-strapped landlords are offering more concessions than ever, while vaccines offer the promise of a normal life.

Five Must Reads for the CRE Industry Today (March 17, 2021)

The U.S. hotel industry is slowly coming back from its worst year, reports the Wall Street Journal. New York City is likely to see the come back of outdoor performances this summer, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

Credit Suisse weighs splitting asset management, wealth units

The possibility comes as CEO Thomas Gottstein grapples with the aftermath of the Greensill scandal across the bank's businesses.

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One in six people now aim to retire before 55

Of the roughly 70 million U.S. households with primary breadwinners younger than 55, 11.5 million are planning to retire by that age, according to a report from Hearts & Wallets.

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CFA Institute offers certificate in ESG investing

The certificate focuses on analyzing ESG factors and integrating them into portfolios. It also provides ESG fluency for people working in functions such as sales and distribution, wealth management, product development, financial advice, consulting and risk.

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Finding diversification beyond market-cap-weighted indexes

The equally weighted S&P 500 index has outperformed its cap-weighted counterpart this year.

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