Cathie Wood’s Ark Invest says goodbye to Wall Street and hello to Florida

ARK Investment Management – Courtesy: Shutterstock – Image by T. Schneider Cathie Wood’s ARK Investment Management is saying goodbye to the Big Apple and heading for St. Petersburg, Florida, the company announced on Wednesday. The money manager, which primarily focuses on making investments in disruptive innovation while managing the $19.5 billion ARK Innovation ETF (ticker:

SEC Order Filed Against VALIC Financial Advisors for Not Disclosing Payments to Florida Educators

Image by Shannon Anderson from Pixabay The Securities and Exchange Commission (SEC) announced that it has reached a $40 million settlement with VALIC Financial Advisors (VFA) over failing to disclose payments to promote services to Florida educators. The company made the announcement on July 28 via the U.S. Securities and Exchange Commission website. The SEC