My friends at Riskalyze share the stocks and funds that advisors all over the country have used in their clients’ accounts each week. This data has been aggregated from across the client accounts of the thousands of advisors who use the software. Most of it comes directly through the third-party custodians where advisors’ assets are held. I hope we…

I’m not going to spend a lot of time on this Teen Trader story where a high school junior from Queens, New York conned a bunch of journalists into believing he’d made $72 million in profits speculating in the stock market on his lunch hour. Anyone who’s spent even a few years in the market…

The chart above comes from Matt Phillips at Quartz and is a good reminder of why you shouldn’t invest in stupid sh*t. Obviously any asset can decline in price – blue chip stocks, your house, etc – nothing is immune. But don’t go out looking for additional trouble when the world is perfectly capable of…

Investment News: …the RIA channel is likely to control some 28% of the market by 2018, according to research firm Cerulli Associates. The RIA channel, which comprises approximately 15,800 firms managing $2.4 trillion in assets, currently manages some 19.8% of retail investor assets and represents 18.6% of adviser headcount, according to Cerulli. The research firm…

No linkfest this morning as I’m scrambling to take care of 90 different things at once. I do have one that you should check out – Joseph Cotterill explains why, no, this is not 1998 all over again for Russia at FT Alphaville. Thankfully, the financial web has a deep bench with lots of curation…

Peter has something to get off his chest. Posted in full with his permission, an open letter to the Fed. Hope you enjoy! – JB *** Dear Federal Reserve: As we approach your last get together of the year I first want to wish you all great holidays and a happy and healthy new year. I…

Source: Washington Post via Bill F