RIA hybrids help Genworth's wealth management business to stunning growth
Recovery of Genworth's share price from penny stock status removes block to asset growth
Another marketing cliche that in the end may confuse investors. After all, not only does the advisor have to spend time properly planning for clients they now have to figure out if we are in or heading into a bull or bear market so they can raise their sail or get out their oars. God bless them becuase it may not be fun rowing if the wind is blowing and vice versa. Hopefully, this will be the first time market predictions are made correctly and consistently.
What is your source for the $116 millon loss? All sources I find reflect a profit.