This increase reflects the boards confidence in our ability to continue to deliver consistent earnings and cash flow while maintaining strong relationships with our clients, Chairman Charles Schwab said in a statement.

Based in San Francisco, Charles Schwabengages in wealth management, securities brokerage, banking, money management and financial advisory services.

Separately, TheStreet Ratings team rates the stock as a buy with a ratings score of B-.

Charles Schwabs strengths such as itsrevenue growth, impressive record of earnings per share growth and compelling growth in net incomeoutweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: SCHW

TheStreet Ratings objectively rated this stock according to its risk-adjusted total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramers view or that of this articles author.

ST. GEORGE, Utah, April 21, 2016 /PRNewswire/ -- Soltis Investment Advisors has been named among the 2016 Top 1000 Financial Advisory firms by Barrons. It is the only independent Registered Investment Advisor included among the five Utah firms on the list. Soltis provides advisory services on more than $1.5 billion for individual and institutional clients.


We are honored to be included on the 2016 list, said President and CEO Hal Anderson. As independent, fee only advisors, we are proud to serve as fiduciaries for our individual clients, as well as for the businesses for whom we provide 401(k) services, in St. George, Salt Lake City and along the Wasatch Range.

In addition to providing comprehensive financial planning and investment management services to individuals and families, Soltis offers investment advice and consultation services to retirement plan sponsors (primarily small to medium sized businesses that have experienced a significant level of success). As a fee-only firm, all compensation comes directly from clients; no commissions or third-party compensation is ever accepted. As a fiduciary, the firm offers financial advice and investment options driven solely by the clients best interests, goals and objectives. The firms mission is to create, build and manage wealth so clients are free to pursue lifes most important endeavors.

Barrons rankings are based on the following factors: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.


Soltis Investment Advisors, LLC is an SEC registered investment advisory firm based in St. George, Utah. With over $1.5 billion in combined assets under management/assets under advisement, Soltis is one of the largest independently owned and operated wealth management firms in Utah. Soltis has been recognized by several financial publications as being among the top advisory firms in various categories. At Soltis, the mission is to create, build, and manage wealth so clients are free to pursue lifes most important endeavors. For more information, visit

Leslie Swid
Impact Communications
913 649-5009

To view the original version on PR Newswire, visit:

SOURCE Soltis Investment Advisors

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Two Chicago-area health systems are at odds over payments, business practices and insurance negotiations.

Downers Grove. Ill.-based Advocate Health Care has filed a complaint against Palos Community Hospital in Palos Heights, Ill., asking a judge to rule to prevent Palos from wrongfully obtaining Advocates trade secrets, its practices and processes for billing patients.

Exposed trade secrets can foster an increase in competition among healthcare systems that compete for the same patients in a region. If one system knows what another system charges patients for specific procedures and treatments, or what their negotiations are with insurance companies, they can undermine those prices to receive an advantage.

The complaint, filed in Cook County (Ill.) Circuit court on April 11, says that Palos wrongfully obtained Advocates method for collecting reimbursements from third-party payers for Advocate services, like Humana Insurance, resulting in damages that exceed $50,000. The trade secret information was obtained when Palos wrongfully sued Advocate and Humana in 2013, at which point they received access to Advocates business methods, the complaint says.

Palos, a 428-bed hospital, filed the original complaint to obtain additional payment for services Palos allegedly gave to thousands of patients between 2005 and 2010. But Palos was contractually barred from suing Advocate for the claims.

Palos should have never been in a position to request Advocates rate information in discovery . . . and it is so highly confidential and so valuable as trade secrets that any compelled disclosure would irreparably harm Advocate, the complaint says.

Advocate, the largest hospital network in the state, is asking for the court to issue a preliminary and permanent injunction prohibiting Palos from continuing to pursue and use the information they found from Advocate and to pay for damages they inflicted on Advocate.

Advocate representatives declined to comment, as well as their attorneys, Mark Furlane and Elizabeth Lopez, partners at Drinker Biddle Reath. Palos representatives did not respond to requests for comment.

As it has become more difficult to pay for healthcare, hospitals rely on making the majority of their money from third-party insurers because those revenues often outweigh Medicare, Medicaid and self-pay options, said Marc Brown, a Chicago-based healthcare litigation consultant and managing director in the financial advisory services at AlixPartners, a global consulting firm based in New York.

For a health system, having trade secrets, such as payment rates and schedules negotiated with third-party insurers, exposed can curb business. However, though it might slow operations, it wont necessarily affect patients, he said. It may actually benefit them if hospitals are competing for patients and begin to offer more affordable services than other systems in the area, but theres no guarantee that would happen.

If you knew what your competitor was charging, you could do one of two things: You could undercut the price if youre trying to drive volume or theres a potential to raise prices, Brown said.

Blackstone is the world's biggest alternative asset manager. The stock has fallen 7% over the past month, the largest decline among alternative asset managers. The Carlyle Group (CG) fell by 3%, Apollo Global Management (APO) fell by 6%, and KKR (KKR) fell by 5% over the same period.

Blackstone reported an economic net income of $436 million in the fourth quarter, mainly due to lower performance fees that were partially offset by higher interest and dividend income. Its assets under management rose by 16% on a year-over-year basis to $336 billion. The company invested $15.7 billion in new opportunities. This represents roughly half of the company's investments for all of 2015.

Alternative investment giant

Blackstone provides financial advisory services to clients around the world. The company's alternative asset management includes investment vehicles focused on private equity, real estate, hedge fund solutions, funds of funds, non-investment-grade credit, and multi-asset class exposures outside other funds' mandates.

Blackstone also provides financial advisory services including financial and strategic advisory services, restructuring and reorganizing advisory services, and capital market and fund placement services. The company faces competition from alternative asset managers as well as traditional asset managers that form part of the SPDR Samp;P 500 ETF Trust (SPY).

Blackstone's revenue fell by 40% in the last fiscal year. The revenue growth for Blackstone's peers The Carlyle Group, KKR, and Apollo Global Management fell by 7.2%, 18.3%, and 59.6%, respectively.