
What I'm reading this morning:
- Why won't people stop selling PIMCO funds? (Institutional Investor)
- Regulators are scrutinizing smart beta strategies and new index products for risks (CIO)
- McDonald's coming to its senses, will test all-day breakfast. (USA Today)
- Chinese investors are opening brokerage accounts like crazy (BCA Research)
- If you enter a bid of $1.01 to buy the New York Daily News, you might actually get it (Reuters)
- Tadas talks to Carl Richards about his new book (Abnormal Returns)
- Do mutual fund managers who eat their own cooking outperform? (Morningstar)
- Rick Ferri's 30 Year Market Forecast (ETF.com)
- Wall Street wooing millennial brokerage recruits by telling them it's not a sales job (Wall Street Journal)
- "how many Advisors have left the RIA model to move to a BD? I’m sure there are a few, but not many. It’s like climbing over the Berlin Wall, once you get over, your’re not going back." (AdvisorHUB)
- Another private equity genius with the facade ripped away. Can't bullshit everyone forever. (Fortune)
- How Would Lynn Tilton Punish Lynn Tilton? (Dealbreaker)
- Check out our automated advisory service, Liftoff! (Liftoff)