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The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Citadel Vets 69,000 Intern Applicants to Find Next Math Geniuses

(Bloomberg) - In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break.

The two jacked-up security guards sitting outside the hall signal this is no ordinary summer camp: The students flew business class from as far away as California and Singapore to spend several nights at the five-star Fullerton Ocean Park Hotel in Hong Kong. Trays of crab meat salad, mini croque-monsieurs and skewers of prosciutto and melon sat nearby.