Compass' ex-CFO just launched wealth-tech startup Harness Wealth. Here's how it's helping advisers battle Betterment and Wealthfront for trillions in millennial and Gen-X assets.

Harness is using technology to make person-to-person connections at a time when younger investors have been flocking to robo-advisers to manage money.

August 09, 2019   |   View Online »

Compass' ex-CFO just launched wealth-tech startup Harness Wealth. Here's how it's helping advisers battle Betterment and Wealthfront for trillions in millennial and Gen-X assets. Rebecca Ungarino,Meghan Morris | Harness is using technology to make person-to-person connections at a time when younger investors have been flocking to robo-advisers to manage money. Read More »

Meet Karen Fang, who just landed a big promotion at Bank of America running a new trading team and is described by insiders as a rising star Alex Morrell | In July, Bank of America went live with a new cross-FICC trading desk aimed at capitalizing on the growing trend of massive ETF and portfolio trades. Read More »

BlueMountain's new owner just revealed what the future holds for the struggling hedge fund and its co-founder, and it's all part of a turnaround plan Bradley Saacks | Andrew Feldstein's BlueMountain will be focused on CLOs after its sale to Assured Guaranty, though new hedge funds are also expected to be launched. Read More »

BANK OF AMERICA: Buy these 17 growth stocks that are safe from the raging US-China trade war Christopher Competiello | The average stock on BAML's trade-war-insulated list has a long-term growth rate 9% higher than that of the S&P 500. Read More »

Investment giant Pimco unveils 3 reasons why traders may soon have to pay to own the world's safest bonds — something that's never happened before Christopher Competiello | Joachim Fels, Pimco's global economic advisor, thinks the US may soon be joining the ballooning cohort of countries with negative yielding debt. Read More »

Cannabis-related job searches have skyrocketed over 650% in the past three years. Here's who's hiring and what skills you need to get in. Jeremy Berke | Cannabis is one of the fastest-growing industries in the US, and companies in the brand-new industry are going on hiring sprees. Read More »

A VP at a $2.5 billion startup reveals exactly how she asked her boss for a big promotion at just 33 years old — and got it Emma Court | She had been doing all the work and not getting credit. Read More »

Amazon is under scrutiny for not paying federal income taxes. Here's how it got its tax burden down to less than $0. Troy Wolverton | Amazon recorded a net federal tax credit for 2017 and 2018 and the company has paid a low tax rate for years. Here's how it did it. Read More »

This CEO has a pitch-deck slide titled 'Why you shouldn't invest in us' that he says was a key draw for $140 million in VC funding Callum Burroughs | "While some may see this as risky, I think quite the opposite," says Flywire CEO Mike Massaro. Read More »

Disney's core businesses are floundering, just when it needs them most to fund its war against Netflix Ashley Rodriguez | Disney's third-quarter earnings miss underscores the long and messy road that lies ahead of it as it pivots to streaming video. Read More »

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