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Last week, the SEC announced an enforcement action against investment advisory firm, RiverFront Investment Group, due to the fact they failed to prepare clients for additional transaction costs beyond “wrap fees.” Wrap fees have nothing to do with the lunch menu, rather they are charges an investment advisor levies on a client for providing a bundle of services

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Greetings, We would like to start by thanking Danielle DiMartino Booth for her support. Let’s begin with the UK where several recent surveys provide a better window into the impact of Brexit. 1. Here is the UK Markit Household Finance Index, showing how UK residents view their finances over the next year. Source: @MarkitEconomics Source: @MarkitEconomics 2.

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  For the last several weeks, I’ve been watching what I eat. After months of travel and often substituting the contents of my minibar for dinner, I had grown concerned that my bloodstream was permanently clogged with Pringle fragments. So I bought some actual fruits and vegetables (goodbye, scurvy!) and sat down to eat something

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