tag:blogger.com,1999:blog-25219457825139282432024-03-13T20:26:17.529-07:00Derrick Gilesten BlogI am a register financial advisor and also a stock market expert, working as the head of technical analysis department of one of the well-known stock brokers around the country. Growing up, I have known the importance of financial education as the foundation of a person's financial success. This is the reason why I am willing to share my expertise to educate people, especially into investing to stock market. I have been very successful in doing it, I know I can make others successful as well.Unknownnoreply@blogger.comBlogger6186125tag:blogger.com,1999:blog-2521945782513928243.post-60755917656149553782020-11-13T13:18:00.003-08:002020-11-13T13:18:09.338-08:00Imagining The RIA Industry In 2025<br />
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from FA News https://www.fa-mag.com/news/imagining-the-ria-industry-in-2025-58974.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-52581378780344414772020-11-13T13:18:00.001-08:002020-11-13T13:18:08.587-08:00Covid Death Toll Mounts In America With Difficult Weeks Ahead<br />
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from FA News https://www.fa-mag.com/news/covid-death-toll-mounts-in-america-with-difficult-weeks-ahead-58972.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-13211728128610584902020-11-13T12:18:00.001-08:002020-11-13T12:18:33.072-08:00Five Advisor Firms Pay $3M To Settle SEC Unsuitable Sales Charges<br />
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from FA News https://www.fa-mag.com/news/five-advisor-firms-pay--3m-to-settle-sec-unsuitable-sales-charges-58971.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-89388635127616042902020-11-13T11:18:00.003-08:002020-11-13T11:18:50.582-08:00Herding By 'Naive' Robinhood Traders May Be Good Signal To Short<br />
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from FA News https://www.fa-mag.com/news/herding-by--naive--robinhood-traders-may-be-good-signal-to-short-58970.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-56267024522121298332020-11-13T11:18:00.001-08:002020-11-13T11:18:49.268-08:00Biden's Team Sees Promise In Opportunity Zones Championed By Trump<br />
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from FA News https://www.fa-mag.com/news/biden-s-team-sees-promise-in-a-tax-break-championed-by-trump-58969.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-57416730571095709542020-11-13T10:18:00.001-08:002020-11-13T10:18:57.344-08:00Former Wells Fargo CEO Pays $2.5 Million to Settle SEC Fraud Charges<br />
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from FA News https://www.fa-mag.com/news/former-wells-fargo-ceo-pays--2-5-million-to-settle-sec-fraud-charges-58968.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-42401778927207642052020-11-13T09:18:00.007-08:002020-11-13T09:18:45.108-08:00BoA Adds Sustainable, Hybrid Model Portfolios<br />
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from FA News https://www.fa-mag.com/news/boa-expands-model-portflio-offerings-58960.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-10092881506820760232020-11-13T09:18:00.005-08:002020-11-13T09:18:43.743-08:00FFP Calls On CFP Board To Mandate Pro Bono Service For Advisors<br />
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from FA News https://www.fa-mag.com/news/ffp-calls-on-cfp-board-to-mandate-pro-bono-service-for-all-certified-advisors-58964.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-37331046604494988802020-11-13T09:18:00.003-08:002020-11-13T09:18:42.502-08:00Preet Bharara Is A Candidate To Run SEC, Putting Bankers On Edge<br />
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from FA News https://www.fa-mag.com/news/preet-bharara-is-a-candidate-to-run-sec--putting-bankers-on-edge-58958.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-2688407027618909942020-11-13T09:18:00.001-08:002020-11-13T09:18:41.636-08:00How Times Of Crisis Can Distort Clients' Financial Decisions<br />
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from FA News https://www.fa-mag.com/news/fear--stress-and-uncertainty-can-plague-investors-58952.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-75006431697871921602020-11-13T07:18:00.005-08:002020-11-13T07:18:56.457-08:00DoorDash Moves Ahead With IPO, Files To List Shares On NYSE<br />
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from FA News https://www.fa-mag.com/news/doordash-moves-ahead-with-ipo--files-to-list-shares-on-nyse-58957.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-28601940805649648632020-11-13T07:18:00.003-08:002020-11-13T07:18:55.564-08:00Tesla's Musk Says He May Have Covid-19, Calls Tests 'Extremely Bogus'<br />
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from FA News https://www.fa-mag.com/news/tesla-s-musk-says-he-may-have-covid-19--calls-tests--extremely-bogus-58956.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-27910341110036229502020-11-13T07:18:00.001-08:002020-11-13T07:18:54.242-08:00Markets Are Already Pricing A Successful Moderna Vaccine Shot<br />
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from FA News https://www.fa-mag.com/news/markets-are-already-pricing-a-successful-moderna-vaccine-shot-58955.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-33957446390214319312020-11-12T21:19:00.003-08:002020-11-12T21:19:38.215-08:00CI Financial To Acquire $2.7B N.Y. RIA Roosevelt InvestmentsCI Financial Corp., a Toronto, Canada-based investment firm, has agreed to acquire 100% of Roosevelt Investments, a New York City-based registered investment advisor (RIA) managing approximately $2.7 billion in client assets. This acquisition marks CI’s 12th RIA transaction since February 2020, continuing its rapid expansion in the U.S. wealth management industry, the companies recently announced in a news release.<br />
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from FA News https://www.fa-mag.com/news/ci-financial-agrees-to-acquire--2-7b-n-y--ria-roosevelt-investment-58950.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-4154292971668324612020-11-12T21:19:00.001-08:002020-11-12T21:19:36.795-08:00Ameriprise Hires Two Teams With $295M In Combined AUMAmeriprise Financial, LLC has added four advisors to its employee channel with $295 million in combined client assets, the company recently announced in a news release. Ross Perkins joins Ameriprise in Carmel, Ind., from UBS with a $135 million book of business, while Thomas Rodman, Maureen Cioppi-Grill, and Paul Teufel of Rodman, Grill & Associates in Conshohocken, Penn., join Ameriprise separately from Morgan Stanley with $160 million in assets. According to all four advisors, choosing Ameriprise was an easy decision for them to make, based on the firm’s high-touch support and cutting-edge technology in delivering client support. Perkins said in the news release that while he knew that switching employers during a pandemic was a big decision, he felt the time was right. “I wanted a place I felt I could spend the rest of my career…and Ameriprise felt like that firm,” he said.<br />
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from FA News https://www.fa-mag.com/news/ameriprise-hires-two-teams-with--295m-in-combined-aum-58951.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-67616756415735302212020-11-12T13:19:00.007-08:002020-11-12T13:19:58.444-08:00Investors Poured $4.56 Billion Into Junk Bonds After ElectionU.S. high-yield bond funds saw one of the biggest inflows on record in the last week, as investors gained confidence in riskier companies amid Joe Biden’s presidential victory and progress on a Covid-19 vaccine. Junk-bond investors poured $4.56 billion into retail funds during the week ended Nov.<br />
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from FA News https://www.fa-mag.com/news/investors-poured--4-56-billion-into-junk-bonds-after-election-58949.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-91326395301928246462020-11-12T13:19:00.005-08:002020-11-12T13:19:57.319-08:00Hedge Funds Loading Up On Darling Stocks Got A Rude AwakeningThe trend is your friend until it isn’t. That’s a lesson hedge funds learned the hard way during this week’s market turmoil. Promising news on Covid-19 vaccines set off a violent rotation among stocks Monday and Tuesday that went against professional money managers.<br />
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from FA News https://www.fa-mag.com/news/hedge-funds-loading-up-on-darling-stocks-got-a-rude-awakening-58948.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-23775450850112391042020-11-12T13:19:00.003-08:002020-11-12T13:19:56.126-08:00Even Before Covid-19, Long-Term Care Usually Starts In-HomeThe national independent organization, which serves those who offer long-term care insurance and other planning solutions, found that more than two-thirds (70%) of 2019 long-term care insurance policy claimants received initial benefit payments for care at home. That represents an increase of 18% from the association’s 2014 claims data.<br />
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from FA News https://www.fa-mag.com/news/insurance-for-in-home-long-term-care-on-the-rise-58946.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-4825340003511073702020-11-12T13:19:00.001-08:002020-11-12T13:19:55.206-08:00Powell Warns Of U.S. Economy Risk With Pandemic At Deadliest YetThree of the world’s top central bankers warned Thursday that the prospect of a Covid-19 vaccine isn’t enough to put an end to the economic challenges created by the pandemic. “We do see the economy continuing on a solid path of recovery, but the main risk we see to that is clearly the further spread of the disease here in the United States,” Federal Reserve Chair Jerome Powell said during a panel discussion at a virtual conference hosted by the European Central Bank. “With the virus now spreading, the next few months could be challenging.” Powell was joined on the panel by Bank of England Governor Andrew Bailey and ECB President Christine Lagarde.<br />
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from FA News https://www.fa-mag.com/news/powell-warns-of-u-s--economy-risk-with-pandemic-at-deadliest-yet-58947.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-81927320539024031722020-11-12T12:18:00.005-08:002020-11-12T12:18:19.641-08:00Even Careful States Suffer With Covid Crossing Porous BordersOne thing that the latest Covid-19 surge has laid bare: No part of America is totally safe, no matter how restrictive the policies or how compliant the residents. Take Illinois: Since May, it has required masks in public statewide, at times shuttered indoor dining, and banned large gatherings. Yet it recently hit a series of daily Covid-19 records and in the past week had more new cases than any state in the country.<br />
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from FA News https://www.fa-mag.com/news/even-careful-states-suffer-with-covid-crossing-porous-borders-58945.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-46089155231591682572020-11-12T12:18:00.003-08:002020-11-12T12:18:18.247-08:00White House Leaves Stimulus To Congress After Failed TalksThe Trump administration is stepping back from negotiations on a new stimulus package and leaving it to Senate Majority Leader Mitch McConnell to revive long-stalled talks with House Speaker Nancy Pelosi, according to two people familiar with the matter. While the White House probably would consult with GOP lawmakers on details of a Covid-19 relief bill, it’s now unlikely to take the lead on talks, according to the people, who spoke on condition of anonymity to discuss internal deliberations. The White House would only take over if negotiations have to be restarted completely, the people said. McConnell’s position on stimulus has been even farther from the Democrats’ $2.4 trillion proposal than that of Treasury Secretary Steven Mnuchin, who had been lead Republican negotiator, leaving low odds of a breakthrough before January.<br />
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from FA News https://www.fa-mag.com/news/white-house-leaves-stimulus-to-congress-after-failed-talks-58944.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-74573096977895594102020-11-12T12:18:00.001-08:002020-11-12T12:18:17.151-08:00'Topsy-Turvy' 6 Months Will Unveil Opportunities For Advisors, Says AssetMark EVP<br />
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from FA News https://www.fa-mag.com/news/topsy-turvy-world-is-opportunity-for-advisors-58943.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-52536494970338460102020-11-12T11:18:00.005-08:002020-11-12T11:18:11.062-08:00BlackRock Expands Bond-Ladder ETF SuiteBond laddering is an effective tool for fixed-income investors made simpler with exchange-traded funds, and BlackRock expanded its efforts in this area with today’s launch of the iShares iBonds 2026 Term High Yield and Income ETF (IBHF).<br />
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from FA News https://www.fa-mag.com/news/blackrock-expands-bond-ladder-etf-suite-58942.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-79270889485721350012020-11-12T11:18:00.003-08:002020-11-12T11:18:10.108-08:00Ex-HSBC Advisors Align With KM Capital To Join LPLJerry Giordano and Joseph Praino join from HSBC Securities where they managed about $350 million in advisory and brokerage assets.<br />
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from FA News https://www.fa-mag.com/news/ex-hsbc-advisors-align-with-km-capital-to-join-lpl-58941.html
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2521945782513928243.post-78034140531247802822020-11-12T11:18:00.001-08:002020-11-12T11:18:08.975-08:00Employees Who Work From Home Should Pay 5% 'Privilege Tax' To Those Who Can’t: Deutsche BankEmployees who choose to work remotely should be required to pay a “privilege” tax to help lower income workers who don’t have the “luxury” of remote work, Deutsche Bank asserts in a controversial new research report. The privilege tax will offset the immediate financial benefits that employees who work from home receive, including reduced costs for clothing, food and travel, according to "What We Must Do to Rebuild,” a report from Deutsche Bank. "Working from home will be part of the 'new normal' well after the pandemic has passed. We argue that remote workers should pay a tax for the privilege," Jim Reid, Deutsche Bank’s global head of fundamental credit strategy and thematic research said in the report. “Our calculations suggest the amounts raised could fund material income subsidies for low-income earners who are unable to work remotely and thus assume more 'old economy' and health risks," Reid added. Employees making $55,000 a year would be taxed an average of $10 per day under the plan.<br />
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from FA News https://www.fa-mag.com/news/employees-who-work-from-home-should-pay-5---privilege-tax--to-those-who-can-t--deutsche-bank-58940.html
Unknownnoreply@blogger.com0