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Created: Fri, 18 Oct 2019 22:08 GMT
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The Iowa Public Employees Retirement System is ending its relationship with Fisher Investments, pulling $386 million from the firm. This marks the fourth public pension to drop the mjoney manager following founder Ken Fisher's off-color comments at a conference.
Read more: Fisher Investments pension losses hit $1.3 billion as Iowa yanks $386 million
Created: Fri, 18 Oct 2019 21:42 GMT
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Four retirement plans cut ties with Fisher Investments in a matter of days, pulling $1.28 billion in assets. Here's why that decision was so surprising.
Read more: Ken Fisher fallout: Which pension plans have pulled out and which have stayed
Created: Fri, 18 Oct 2019 16:34 GMT
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The Starwood Capital chief also reacts to a radical proposal from two UC Berkeley professors on how to account for taxpayer wealth tied to private companies.
Created: Thu, 17 Oct 2019 15:35 GMT
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Financial advisors often fall short when it comes to planning for their business' future. Here's how they can make sure their practices are poised to grow in coming years.
Read more: Financial advisors need to change to succeed in the next decade
Created: Thu, 17 Oct 2019 12:00 GMT
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No advisor worth his or her salt claims to have a crystal ball. Still, experience and expertise allows them to make some predictions about industry trends. CNBC asked advisors ranked in the 2019 FA 100 list what challenges or changes lie ahead.
Read more: These are the changes and challenges keeping top advisors awake at night
Created: Wed, 16 Oct 2019 20:13 GMT
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The City of Boston is now the third pension plan to end its relationship with Fisher Investments in light of Ken Fisher's comments at a conference.
Read more: Ken Fisher's sexist comments have cost his company nearly $1 billion in assets
Created: Wed, 16 Oct 2019 19:57 GMT
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Beto O'Rourke said Tuesday in the Democratic debate that the Massachusetts senator was being "punitive" of the wealthy in her tax plan and rhetoric.
Read more: Elizabeth Warren's real 'beef with billionaires'
Created: Wed, 16 Oct 2019 18:08 GMT
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There are are 618,000 millennial millionaires in the U.S. and their wealth is only expected to grow. Millennials are expected to be five times more wealthier in the next decade alone than they are now, according to a report by Coldwell Banker.
Read more: There are more than 600,000 millennial millionaires in the US, according to report
Created: Wed, 16 Oct 2019 16:02 GMT
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"They make it sound like rich people don't pay taxes," says the billionaire investor.
Read more: Leon Cooperman to Warren and Sanders: 'Stop treating billionaires as criminals'
Created: Wed, 16 Oct 2019 13:30 GMT
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Even the most amicable divorces can sour, financial advisors warn. Why splitting up to save a few bucks could cost you more than you expect.
Read more: Couples weigh 'strategic divorce' to save on taxes
Created: Tue, 15 Oct 2019 20:27 GMT
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The ideal tax rate for the richest 1% of Americans is about 75% — more than twice the current rates, according to the economist advising Sen. Elizabeth Warren on her tax plans.
Read more: Here's why this economist says the 'perfect' tax rate for the rich is 75%
Created: Tue, 15 Oct 2019 10:00 GMT
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Ferrari opens its third "tailor-made center," a 6,600-square-foot showroom on NYC's Park Avenue that allows buyers to fully customize their wheels.
Read more: Inside Ferrari's New York design lab where the super rich can customize $500,000 cars
Created: Mon, 14 Oct 2019 15:48 GMT
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John Hope Bryant wants Sens. Bernie Sanders and Elizabeth Warren to know that he would not have been successful without capitalism.
Created: Fri, 11 Oct 2019 18:51 GMT
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CNBC's Jon Fortt and Sharon Epperson speak with Credit Karma CEO Kenneth Lin on the company's new savings account, the best credit cards and more.
Read more: Making money with your money
Created: Fri, 11 Oct 2019 17:26 GMT
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The billionaire CEO of Fisher Investments compared winning prospective clients to meeting women at a bar, and saying "hey, I want to talk about what's in your pants." It's not the first time Fisher has made such remarks.
Read more: Here's the Ken Fisher audio that inflamed executives at a financial conference
Created: Fri, 11 Oct 2019 10:31 GMT
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Buyers of the 18-karat gold card will get access to a premium account that offers zero foreign exchange and transaction fees.
Read more: The UK just unveiled a $23,000 payment card made from solid gold
Created: Thu, 10 Oct 2019 14:00 GMT
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CNBC.com asked eight financial advisors from wealth management firms ranked in the 2019 FA 100 list what exactly inspired them to get into the financial advisory business.
Read more: What inspired these top advisors to help others manage money
Created: Thu, 10 Oct 2019 14:00 GMT
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Investors are eager to seek help and education regarding income investment planning and strategies. The FA 100 list recognizes advisory firms that continue to find ways to help clients mitigate risk and meet their financial goals.
Read more: Meet the top 100 advisory firms helping clients reach their financial goals
Created: Fri, 04 Oct 2019 18:46 GMT
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Lawyers representing Elizabeth Holmes in a civil lawsuit against Theranos and Walgreens filed a motion to withdraw representation, saying Holmes has not paid them.
Read more: Elizabeth Holmes' lawyers in Theranos civil case want out because she can't pay them
Created: Fri, 04 Oct 2019 13:06 GMT
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It has become the two-word rallying cry at Sen. Elizabeth Warren presidential campaign events: "Two cents! Two cents!" There are "two-cents" T-shirts, buttons and magnets.
Read more: The two words powering Elizabeth Warren's rise and energizing campaign rallies
Created: Thu, 03 Oct 2019 20:59 GMT
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The 2009 Banksy painting, entitled "Devolved Parliament," sold for almost nine times its previous price after a 13-minute bidding war, Sotheby's auction house said.
Read more: Banksy painting depicting primates in British Parliament fetches $12.2 million at auction
Created: Thu, 03 Oct 2019 19:06 GMT
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Read more: Did Microsoft change the hardware game?
Created: Wed, 02 Oct 2019 20:20 GMT
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Defense attorneys for Elizabeth Holmes and Sunny "Ramesh" Balwani criticized prosecutors Wednesday for stalling to turn over what they call key documents that would clear their clients.
Read more: Elizabeth Holmes' attorneys blast prosecution over withholding government documents
Created: Wed, 02 Oct 2019 14:25 GMT
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CNBC's Jim Cramer believes Wall Street should be much more afraid of Bernie Sanders in the White House of than of Elizabeth Warren.
Created: Wed, 02 Oct 2019 04:01 GMT
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A drop in foreign buyers, higher federal taxes and a glut of high-priced condos have created Manhattan's worst real estate market in a decade.
Read more: Manhattan real estate prices take the biggest tumble since the financial crisis
Created: Tue, 01 Oct 2019 15:27 GMT
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Wall Street's abject fear of Democratic Sen. Elizabeth Warren getting into the White House is a mistake, says CNBC's Jim Cramer.
Read more: Cramer to Wall Street: 'I want to stop the fear of Sen. Warren'
Created: Mon, 30 Sep 2019 17:22 GMT
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Sen. Bernie Sanders on Monday proposed an "inequality tax" that would hit McDonald's, J.P. Morgan and Walmart especially hard, according to the Sanders campaign.
Read more: Who pays the most under Bernie Sanders' 'inequality tax' plan
Created: Thu, 26 Sep 2019 08:52 GMT
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In 2016, Huffington stepped down as editor-in-chief of her online publication and launched Thrive Global, a media company and consultancy that helps corporations with their employees' overall wellbeing.
Created: Tue, 24 Sep 2019 15:52 GMT
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In an effort to outflank the rise of Elizabeth Warren, Bernie Sanders announces a wealth tax that would hit multibillionaires like Bezos especially hard.
Read more: Jeff Bezos would pay $9 billion a year in wealth taxes under Bernie Sanders' plan
Created: Tue, 24 Sep 2019 12:00 GMT
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Sen. Bernie Sanders unveils a tax on wealth as he aims to cut income inequality and fund his sprawling social programs.
Read more: 'Billionaires should not exist': Sanders tries to outdo Warren with tougher wealth tax