By: Elena Holodny Americans are planning on spending more on gifts, travel, and entertainment this year. On average, they're planning on spending $10,525, according to a BMO Private Bank study. And 43% of respondents stated that they are planning on selling more than they did before ... Shared via BlogRead More »
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By: Mason Braswell
If you want to know where the largest brokerages see the business going, look no further than their brokers’ compensation plans.
Both UBS Wealth Management Americas and Bank of America Merrill Lynch are tweaking their advisers’ pay plan next year to sweeten bonuses for advisers who bring in new assets and refer clients for banking products.
“We’ve made changes to our compensation plan annually for the last five years, to really support our strategy,” said Jason Chandler, the head of UBS Wealth Management Americas’Advisor Group with a focus on the EastRead More »
Plummeting oil prices having a major affect on the economy. Retail sales numbers have jumped up 0.7% the highest since last year; however, the stock market took its biggest hit in over 2.5 years. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News America’s Newsroom to discuss what is going on in the ...Read More »
By: Dakin Campbell Citigroup Inc. (C) and Goldman Sachs Group Inc. were among 10 banks fined for failing to shield analysts from pressure to promote stocks a decade after a U.S. crackdown sought to end Wall Street conflicts of interest. The investment banks promised favorable research to ... #Finra, #IPO, #MorganStanley, #WellsFargo Shared via BlogRead More »
While temperatures may be plunging so are heating oil prices. Home heating oil prices are at their lowest levels in 4 years. However, analysts are watching natural gas prices rise. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News America’s Newsroom to discuss what to make of the heating oil prices falling while ...Read More »
By: Sam Ro You could argue that Jeremy Grantham is bullish. In a new quarterly letter to GMO clients, the gloomy veteran fund manager predicts the S&P 500 could see another 10% surge from the 2,041 level we're at today. "My personal fond hope and expectation is still for a ... Uncategorized Shared via BlogRead More »
Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Making Money with Charles Payne to discuss the gift of giving with in the business of family wealth. Related articles across the web Ed Butowsky Joins The Real Real Deal Is America a dropout nation? The post The Business Of Family Wealth And Giving ...Read More »
By Jonathan Stempel and Devika Krishna KumarBerkshire Hathaway Inc has agreed to acquire Procter & Gamble Co's Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company's tax bill.
Rather than pay cash, Berkshire (BRKa.N) will give P&G $4.7 billion of the shRead More »
Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business The Real Real Deal with Charles Payne to discuss various topics impacting the markets in the US and around the world from Ebola to corporate earnings. Related articles across the web Alibaba Group Holding Ltd (BABA) Not Nearly As Oversubscribed as Other Hot Stocks ...Read More »
With the volatility in the markets recently analysts are saying we may be in for even more wild swings this month. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Varney & Co. to discuss how to react to the trade-able market events based on world news including Ebola. Related articles across the ...Read More »