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.

Bank of America Profits Drop as Key Lending Revenue Weakens

BOA said that first-quarter profits dropped 18% from a year ago as a key revenue source weakened.

Warren Slams TurboTax for Upselling Taxpayers During Filing Process

Sen. Elizabeth Warren (D-Mass.) criticized TurboTax for charging taxpayers for relatively simple tax returns and repeatedly upselling them.

Here's Why You May Want to Keep a Little Cash in Your Brokerage Account

Your brokerage account, for the most part, is not an account you want loaded with cash.

Wall Street Surge Lifts Morgan Stanley and New CEO Ted Pick

Profits rose at Morgan Stanley during the first quarter as the Wall Street giant benefited from pickups in investment banking, trading and asset mgmt.

Brookstone: Should You Include Bitcoin in Client Retirement Portfolios?

(Brookstone) In this video, Chief Investment Officer Mark DiOrio, CFA discusses whether advisors and retirees should consider incorporating Bitcoin into their retirement portfolios, referencing Fidelity's recent white paper titled "The Case for Bitcoin."