Schwab CEO Warns on Prediction Markets, Offers Tax Planning Tips

Charles Schwab CEO Rick Wurster warns against the use of prediction markets, which blend investing and gambling, at his firm's annual conference. He emphasizes the importance of separating these two activities. Meanwhile, Pimco's head of advisor education, John Nersesian, offers tips for advisors to help clients navigate recent tax changes and plan for income tax, retirement, and legacy planning on the Barron's Advisor The Way Forward podcast.