The paper is fictional account of how big tech might disrupt the wealth management industry. Wealth management’s existing investment framework was originally developed half a century ago for pension funds.This pension fund “operating system” (PF OS) works well for “agents” but not...

Peer effects can lead to better financial outcomes or help propagate financial mistakes across social networks. Using unique data on peer relationships and portfolio composition, we show considerable overlap in investment portfolios when an investor recommends their brokerage to a peer. We argue...

With the most recent updates of its mobile operating systems, in April 2021 Apple implemented a new global App Tracking Transparency policy. The policy obliges app developers to display an additional (Apple-designed) prompt to request permission from end users for the developer to “track”...

Apple Inc. is a technology company that has established itself as a market leader in the technology industry over the years. After conducting numerous financial ratios, it is evident that the company has achieved its success by efficiently utilizing its assets and equity. Financial ratios...