Bill Harris
Consumers Scream About Fiduciary Rule and Section 1033 of Dodd-Frank
This weekend, Personal Capital conducted a survey of some of its users regarding the potential repeal of the Department of Labor’s Fiduciary Rule and Section 1033 of Dodd-Frank. The Fiduciary Rule eliminates conflicts of interest in retirement accounts and...
Bill Harris, former CEO of Intuit, Calls “Baloney” on J.P. Morgan and Intuit
As a former CEO of Intuit, I call J.P. Morgan and Intuit to task for their lack of support for Section 1033 of the Dodd Frank legislation to protect American’s right to access their own financial data. Members of the administration in Washington announced...
“You Might Die Younger” Without the Fiduciary Rule
The White House National Economic Council Director (and former number two at Goldman Sachs, whose stock price went up 5% on the day he made his announcements) Gary Cohn said this about the Fiduciary Rule in an interview with the Wall Street Journal: “We...
Morgan Stanley, Citigroup Overcharge Clients: Mistakes or Policies?
Last week, the SEC announced that Morgan Stanley agreed to pay $13 million as a penalty for overbilling 149,000 of its clients. They weren’t the only ones to be penalized last week: The Attorney General of the State of New York also announced that Citigroup...
SEC Announces Increased Scrutiny of Robo-Advisors
The Securities and Exchange Commission (SEC) announced yesterday that for the first time it is adding “electronic investment advice” – i.e. advice offered through robo-advisors – to its annual list of examination priorities. At Personal Capital,...
Personal Capital Welcomes Paul Desmarais III to Board of Directors
We’re kicking off the new year with some exciting news. Today we welcome Paul Desmarais of Power Financial Corporation to Personal Capital’s Board of Directors. Paul is intimately familiar with Personal Capital as he helped lead Power Financial’s $75 million...
Your 2017 Financial Plan – A New Year, A New You
It’s that time of the year – 2016 is waning, and 2017 is right around the corner. And as always, money and financial planning are right up there on people’s lists of New Year’s goals. In fact, “Save more, spend less,” is the #1 new year’s resolution...
The Best Way to Make Money in 2017: Spend in 2016
With 2017 just a few short weeks away, money seems to be flying out of our wallets in the name of the “holiday season”. Between expensive airfares and never-ending presents for the whole family, spending skyrockets in November and December. Countdown: Top 5...
Personal Capital Welcomes Eric Weiss As CMO
This week we’re excited to announce that industry veteran, Eric Weiss, joins Personal Capital as our new CMO. Eric brings with him two decades of experience in the technology industry to Personal Capital. Weiss’ experience scaling rapid growth tech...
