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LPL recruits $220 million Missouri team from Waddell & Reed
NEWS INDUSTRY NEWS OCT 03, 2018
LPL recruits $220 million Missouri team from Waddell & Reed

BMG Advisors has served clients in Kansas City for 35 years.

Wining and dining are still tax-deductible, says IRS
RETIREMENT TAX OCT 03, 2018
Wining and dining are still tax-deductible, says IRS

Companies can still deduct 50% of meals while entertaining clients and customers.

JB Investment Management joins RMB Capital
INVESTING FIXED INCOME OCT 03, 2018
JB Investment Management joins RMB Capital

JB Investment Management helps RMB expand their fixed income offerings for clients.

Mercer, Morningstar join forces for single digital research platform
NEWS INDUSTRY NEWS OCT 03, 2018
Mercer, Morningstar join forces for single digital research platform

The new platform will be made available on Morningstar Direct and introduced by region next year.

Talking to Chuck about Schwab's $3.6 trillion edge on fintechs
YOUR PRACTICE FINTECH OCT 02, 2018
Talking to Chuck about Schwab's $3.6 trillion edge on fintechs

Company is now competing with robos and fintech, in part by plowing money into innovation.

Adviser's cultural understanding behind four decades of client care
YOUR PRACTICE PRACTICE MANAGEMENT OCT 01, 2018
Adviser's cultural understanding behind four decades of client care

Family office executive fled the communist regime in Cuba at 11 .

Stock market's blowout third quarter attracts retail investors
INVESTING EQUITIES OCT 01, 2018
Stock market's blowout third quarter attracts retail investors

But Wall Street strategists are urging caution amid forecasts that profit growth will slow.

BlackRock is the winner and loser in this bond ETF fee fight
INVESTING ETFS OCT 01, 2018
BlackRock is the winner and loser in this bond ETF fee fight

Cheaper corporate bond exchange-traded fund sees big inflows, while a similar BlackRock fund with higher expenses sees outflows

Republicans likely fared better than Dems in market boom
NEWS INDUSTRY NEWS OCT 01, 2018
Republicans likely fared better than Dems in market boom

Paper by the National Bureau of Economic Research shows Republicans invested more in U.S. stocks following election of Trump.

Boom in safest stocks rings alarm bells on Wall Street
NEWS INDUSTRY NEWS OCT 01, 2018
Boom in safest stocks rings alarm bells on Wall Street

Rising demand for defensive assets casts shadow over post-crisis bull run.