Support Pours In For AdvisorHUB; Advisors, Managers, Compliance, Media

As you can imagine, it was a busy pre-Christmas weekend for staff at AdvisorHUB. Emails of support, angst, questions, anger and “bravos” poured in hour after hour. We took it all in and read every single one. If there is anything that we stand for it is community and posting all sides of an issue. While we remain resolute in our disagreement with the allegations contained in the Reuters article, we also see it as a validation of our work. We also are acutely aware of who our detractors truly are and have become that much more determined to continue bringing you the unvarnished truth as advisors and wealth management professionals see it. There will be no backing away from the way that we go about our business; and it seems that is the way that most of you want it. Hear are some quotes from different corners of the wealth management landscape, as always, unedited:

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AdvisorHUB Responds to Reuters Article

First and foremost we’d like to thank Reuters for taking the time to recognize our organization and its place in the daily discussion within wealth management. It is an honor to have come to the point where our work is relevant and of significant interest to advisors and the institutions that employ them. AdvisorHUB has tremendous respect for each and every firm within the landscape of traditional financial services, both large and small. With that said, we have even more respect for the individual advisor and the very difficult work that they do on a daily basis. AdvisorHUB has, and always will, exist for you - the advisor. Our ongoing conversations with advisors across the country, from nearly every firm, are the backbone of who we are and what we do.  That will not change.

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The Various Flavors of Long/Short Equity Funds

You have to wonder why anyone would want to launch a domestic long/short equity fund these days. The S&P 500 Index has climbed 15 percent in the last 12 months. Buying a low-cost index tracker like the SPDR S&P 500 ETF (NYSE Arca: SPY) or the iShares Core S&P 500 ETF (NYSE Arca: IVV) seems like a no-brainer.

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