FA News

Millennials Marry When Both Partners Are Financially Secure

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A Census Bureau study suggests men are now marrying for money too.

Goldman Names Two Women To Top Committee As Solomon Era Kicks Off

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The appointments doubled the number of women on the firm's top governing body.

N.Y. Daily News Cuts Half Its Newsroom In Latest Tronc Move

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New York Gov. Andrew Cuomo called the cutbacks at the iconic newspaper a "disaster."

Confidence Breeds Financial Success, 10-Year Study Finds

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College students tracked over the past decade show confidence is a predictor of financial success, the study says.

Trapped In NY Or California: SALT Cap Haters Find Moving Isn't Easy

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The red tape involved in cutting ties with N.Y. tax collectors makes it really hard to leave.

Multi-Thematic ETF Touches All Of The “Disruptive” Bases

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An upcoming ETF from Innovator Capital and ex-Piper Jaffray analysts taps into various cutting-edge disruptive technologies.

U.S. 4% GDP Growth Seen More 'Luck Of The Draw' Than New Reality

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Analysts expect solid, albeit less spectacular, numbers in the second half as tax reform stimulus fades.

Bondholders Tire Of Losing Out When Funding Failed Acquisitions

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Since 2015, at least eight proposed M&A transactions that were funded in the bond market had to be called off.

UBS Bucks Trend By Keeping $2 Million Threshold For Rich Clients

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Other wealth managers have been raising minimum asset requirements to raise profit margins.

Tax-Free Sales Of Vacation Homes Possible Under Trump's Tax Reform

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But clients with vacation homes will require a lot of help from advisors to decipher the new rules.

How To Revive Active Fund Management? Pimco Parent Is Trying Sneakers

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Executives are handing out sneakers to employees as part of an effort to breath new life into its active offerings.

Volatility's Coming For Your Summer Break As Headwinds Build

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Risk-off sentiment could rapidly snowball alongside the specter of higher borrowing costs.

RBC Upgrades Practice Management Platform

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RBC Wealth Management takes a more consultative approach to its practice management program for financial advisors.

‘Old Guys In Florida’ Wonder If Cash Is Still Trash

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As interest rates rise, cash proxies are becoming more attractive to retirement and income investors.

Broker-Dealers Face An Ominous Road

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The number of broker-dealers is declining rapidly, and their business is becoming less profitable.

Cape Cod Advisor Forged Clients' Signatures, SEC Says

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Clients lost more than $3 million to the advisor, the complaint says.

Retire In San Francisco? Here’s The Minimum Portfolio A Client Would Need

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The median home price in the City by the Bay is $1.3 million and a two-bedroom rents for $4,509.

UBS Investors Demand Sense Of Urgency With Rivals Closing In

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As other European banks faltered, UBS found success tilting towards wealth management, but it may not be enough for investors.

As Fed Tightens, Investors Give Up Crisis-Era Rate Protection

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U.S. corporate lenders are giving up safeguards that protect them from short-term interest rates falling close to zero.

Millennials Want To Retire By Age 61. Can They?

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Americans in general seem to want to retire by age 61, according to a recent survey on personal financial milestones.