FA News

Raymond James Nabs $475 Million Team From Morgan Stanley

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The three advisors work out of offices in Boca Raton, Fla., Boston and Grosse Pointe, Mich.

Record Exodus From Credit Funds Outpaces Flight From Stocks

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Record outflows hit funds that buy investment-grade debt from the likes of Apple Inc. and Ford Motor Co.

Early Bear Morgan Stanley Sees Possible Stock Rally Before 2019

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Cheaper valuations and corporate earnings could lead to a mid-year rally, the firm's strategists said.

Trump Roars, Fed Yawns And Markets Bet On Powell's Credibility

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Investors and Fed governors seem unmoved by the president's sound and fury.

Festival Fraudster Who Targeted Status Seekers Gets 6 Years

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Billy McFarland, 27, founder of the ill-fated Fyre Festival, was sentenced to six years in prison.

AARP: Social Security COLA Hike Needed, But Not Enough

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Meanwhile, new research reveals many beneficiaries are confused about benefits and some have regrets.

Allianz To Exit B-D, RIA Businesses; 600 Reps Offered New B-D

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Reps at Allianz's Questar subsidiaries will be able to transition to Woodbury Financial Services, the company said.

Quantitative Tightening Not So Frightening, Even As Stocks Slump

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Despite recent downturns in equities, central banks are still quite accommodative.

‘The Mother Of All Scams’: Roubini Slams Crypto In Senate Hearing

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Nouriel Roubini said that blockchain is an "overhyped," "glorified spreadsheet" before Congress.

U.S. And China Jockey For Global Support As Trade War Ramps Up

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Trade tensions between the U.S. and China will be center stage at an upcoming IMF meeting.

GM Joins Surge Of S&P 500 Companies With Boards At Gender Parity

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There are now at least 11 S&P 500 companies with women in half or more of their board seats.

Tax Break Seen Helping Trump Isn't As Sweet Thanks To IRS Rules

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A proposal from the IRS would take a bite out of tax relief for commercial property owners.

Stock Carnage Seen Largely Driven By Quant Rotation To Value

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Value stocks are benefiting as the rest of the U.S. equity market suffers.

Yale Opens Door To Exit Private Funds In Social Investment Shift

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Yale may consider exiting private equity and hedge fund investments it considers socially irresponsible.

This Is No February VIX Redux: ETPs Are Shadows Of Former Selves

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The inverse volatility trade likely did not contribute to Wednesday's market decline.

Wall Street Faces Tumult If China Labeled An FX Manipulator

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Some analysts are concerned about a confrontation between the U.S. and China on currency manipulation.

Stock-Leaders ETF Suffers Record Drop in Market Rout

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The iShares Edge MSCI USA Momentum Factor ETF suffered a 4.5 percent drop on Wednesday.

U.S. Inflation Trails Estimates As Used-Car Prices Tumble

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Despite tariffs, tax reform and monetary tightening, the CPI came in below expectations on Thursday.

Correlation Breakdown Leaves Nowhere To Hide In U.S. Markets

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This lack of safe havens affects even the most sophisticated portfolio structures.

401(k) Loan Defaults Are A $2 Trillion Retirement Problem

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Loan defaults could imperil the retirements of millions of Americans and deal a severe blow to the retirement plan industry.