<b>The Takeaway</b>: Meet the "Bloomberg for RIAs"

Portfolio

Why having a philosophy can help you avoid portfolio mistakes.  (Morningstar)

BRICs ain’t going nowhere until Brazil gets its act together.  (ETFTrends)

Why Tobias Levkovich (Citi) remains bullish (besides career risk, I mean).  (ValueWalk)

Europe is trouncing the Dow this month.  (The Reformed Broker)

ETF companies are gunning for Dimensional Fund Advisors.  (Investment News)

The Biz

Researchers explain the personal spending hump that peaks in middle age.  (TheEconomist)

Is YCharts the “Bloomberg for RIAs”?  Morningstar thinks so.  (RIA Biz)

Evercore expanding further into wealth management with key new hire.  (Financial Planning)

5 Essential Financial Planning Steps for Your 30s and 40s  (Chicago Financial Planner)

Gigantic roll-up Focus Financial Partners bolts on another $2.2 billion RIA practice for a grand total of $65 billion in AUM. (InvestmentNews)

Dennis Miller: Reverse mortgages are not the only choice seniors have to stay in their homes.   (Investopedia)

Outliers

What the film ‘Elysium’ tells us about the future of finance.  (ThinkAdvisor)

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Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.