FA News

Sorting Out 529 Plan College Savings In A Divorce

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Clients often forget it’s an asset, thinking it belongs to their child. It doesn’t.

The Sound Of Money: Demand For Hearing Aids Creates Billionaires

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The hearing-aid market is forecast to expand almost 6 percent a year through 2022.

Fed Chairman Powell Says Gradual Hikes Likely Needed If Economy Stays Healthy

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Powell’s speech discussed the challenges of monetary policy when economic benchmarks are uncertain.

Retire In Charleston? Staying Active Is Easy

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Housing prices are "going through the roof," but there's good medical care and lots to do.

Bullard Says Fed Is Very Close To Neutral Rates: Jackson Hole

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The Federal Reserve Bank of St. Louis president reiterated his call for cautious interest rate policy.

Legal Marijuana's Other Drag: Many Insurers Just Won't Touch It

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Many large insurers in the U.S. still will not cover cannabis-related businesses.

U.S. Imposes New Sanctions On Russia After Nerve Agent Poisoning

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The new restrictions target foreign assistance and arms sales, and deny any U.S. credit to Russia.

Trump's Business Faces Prosecutors' Scrutiny After Cohen Plea

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Prosecutors are digging into Donald Trump's business empire in spite of the president's objections.

Leveraged Loan Buyers Are Losing Patience With Riskier Deals

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Prices for debt fall and rates rise as money managers are starting to demand better terms on deals.

New York Taxpayers Have Four-Day Window To Try To Beat SALT Cap

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The IRS is blocking charitable workarounds to the new SALT cap established by some high-tax states.

Not Even $515 Million In New Tether Can Help This Crypto Dump

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Investors use Tether to manipulate prices of other cryptocurrency tokens via pump-and-dump strategies.

FSI Partners With Bachrach On AdvisorRoadmap

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The AdvisorRoadmap supports advisors in growing their businesses.

IRS Blocks New York, New Jersey Plans To Bypass State Tax Cap

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The IRS published regulations that undercut a plan by the states to treat property taxes as charitable donations.

Advisors Sued In $100 Million Retirement Scheme

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Lawyers representing the victims in the case say the con man who orchestrated the scheme has disappeared.

Five Florida Brokers Sued By SEC In Alleged $1.2B Ponzi Scheme

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The unregistered brokers were part of a scheme that bilked 8,400 investors, the SEC said.

Some Doubt LTC Insurance Industry's Future As Premiums Spiral Upward

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Genworth just won a premium increase of 58 percent—part of an ongoing series of price hikes in the industry.

JPMorgan, BlackRock Say Troubled Trump May Hit Emerging Markets

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Donald Trump's political troubles could cause him to push for higher tariffs, strategists said.

Bitcoin ETFs Won't Be Coming Anytime Soon Thanks To The SEC

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The SEC rejected requests to list nine cryptocurrency funds on Wednesday.

Here's What May Happen To Your Taxes If Democrats Win The House

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A corporate rate hike and carried interest repeal are likely on the party's agenda.

Investors Favored Passive, Defensive Funds In July, Morningstar Says

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More than $32 billion flowed into U.S. long-only funds in July, after $22 billion of outflows in June.