Barron’s Weekend Wrapup: ex-Wells CEO works with convicts; special report on ETFs

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    In this week’s cover story on Barron’s, former Wells Fargo Advisors CEO Danny Ludeman discusses life after finance. Ludeman decided to forgo retirement and relaxation to obtain a Master of Divinity degree from the Convenant Theological Seminary in St. Louis. And, after expressing his interest in more philanthropic work, Ludeman found an opportunity to work with ex-convicts. “That was very much my retirement plan,” Ludeman says. “Learn to love God with all my heart and soul, and learn to love my neighbor as myself.”

    The exchange traded fund (ETF) world is booming, almost like the Silicon Valley of finance, writes Barron’s. For WisdomTree, it’s all about staying ahead of the curve and being on the edge of new ETF trends for clients.

    In the ETF special report, Barron’s explores how active management is a better approach to international small-cap stocks. ETFs may also be a contrarian indicator, the magazine argues. ETFs trend to follow the hot trends as managers look for assets.

    Photo: David Fulmer