Economy Articles

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Trillion-Dollar Firms Dominating Bond Market Prompting Probes

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The lopsided bond market has caught the attention of the SEC, which is examining whether the biggest players get preferential prices and access because of their influence.

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LTC Costs Continue To Climb, Study Finds

by FA Staff

Rising long-term care costs are creating financial planning challenges for many, particularly baby boomers.

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Wealthiest Pay Higher Taxes With Scant U.S. Economic Harm

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As the political fight over raising taxes for high-income Americans fades away, so are predictions for negative economic fallout.

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July Best For Pre-Owned Car Purchases, Data Shows

by FA Staff

Advisors might want to tell their clients to wait a few months before purchasing a pre-owned car with their tax refund.

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Goldman Alum Gives Up Funds To Become Trailer-Park Mogul

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The economics of mobile home, which are in high demand by those still reeling from the recession, have become alluring to those who've made their living in the markets.

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Brooklyn’s Hipster Economy Challenges Manhattan Supremacy

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Brooklyn’s cachet as a global brand and epitome of urban hipsterdom is shifting New York City’s center of gravity.

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Gen Y Lagging In Recession Recovery

by FA Staff

Generation Y workers are not recovering from the recession as quickly as older employees, according to a new survey.

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Advisor AUM Increased But Client Retention Decreased In 2013, Says Study

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Although their AUM and revenue rose, financial advisors saw client retention rates and average revenue on assets drop last year, according to PriceMetrix.

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Europeans Best At Preserving Wealth: Study

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Europeans have proved the best at preserving billion dollar fortunes through market peaks and troughs over the past 25 years, a study shows.

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Retirement Assets Reach Record High, Study Finds

by FA Staff

Total retirement assets reached the highest on record and overcame the impact of the 2008 financial crisis, says a Spectrem Group study.

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