The Wealth Advisor

Contributor

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.

Citigroup’s CEO Willing to Adjust Staffing Levels in Investment Bank

Citigroup Inc. CEO Jane Fraser said the company is willing to make adjustments to staffing levels inside its investment bank.

Half of America’s Banks are Potentially Insolvent – This is How a Credit Crunch Begins

Twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system.

Warren Buffett’s Right-Hand Man Charlie Munger Says Most Money Managers are Little More Than ‘Fortune Tellers or Astrologers’

Charlie Munger has never been known to mince words, but lately he’s stepped up his patented wry criticisms of the financial world.

Stock Pickers on Wall Street Are Going All-In on Recession Bets

Wall Street economists and central bankers debate if and when US economy will slip into a recession, big money managers aren’t waiting to find out.

Icahn Hit by Hindenburg Short Call as Activist Becomes Target

Carl Icahn, the famed activist investor who’s made a career out of starting corporate brawls, found himself on the receiving end of criticism Tuesday.