“It's shocking to people to find out that the one thing that they think their advisor is trained on, they've never been taught—and that is, how to construct and measure risk in a portfolio,” the Plano, Texas-based RIA argues in his new book.
The regulator says Cambridge Capital Group Advisors defrauded 20 investors, most of whom were retired NFL players who claimed brain injuries from concussions suffered while playing professional football.
Erik Davidson, former chief investment officer at Wells Fargo’s private bank, is joining Inspire Investing, a “biblically responsible” investment firm, as chief economic adviser.
Wealth Management is conducting an editorial survey on the increased importance of the compliance officer role inside a firm.The results will be published in the October issue, but rest assured your name and firm will remain anonymous.
