Investors who shifted to index-based ETFs and mutual funds have generally been rewarded in the first half of 2018, as most actively-managed funds failed to keep up with the cheaper alternatives despite the belief we're in a "stock picker's market."
Former New York Giants pass rusher Justin Tuck has been quite busy since retiring in 2015. Tuck, 35, who amassed 66.5 sacks and two Super Bowl rings during his 11-year NFL career, graduated from The Wharton School at the University of Pennsylvania with a Master of Business Administration in management in May and this month landed a job with Goldman Sachs as a vice president in the private wealth management division. ...
RegTech Firm Adds Former Indie Executive Hoping to capitalize on the growing costs of compliance, regtech firm Complect has added veteran RIA and broker dealer executive Kevin Keefe to its advisory board, the company announced. Founded last year, Complect is an online platform that matches compliance specialists with financial service firms in need of regulatory consulting. ...
New Advisory Firm to Donate 10 Percent of Profits to Charity Mike Duffy, a long-time advisor with Merrill Lynch, recently left the brokerage and founded Happiness Wealth Management, a dually registered firm through LPL based in San Carlos, California. In a video about the new firm, Duffy said part of the reason he started it was to allow him to spend more time with clients. ...
