FA News

BlackRock CEO Says Tariff War Could Spur Broad Market Rout

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BlackRock's Larry Fink says escalating trade disputes between the U.S. and others could cause a market meltdown.

BlackRock's Fink Says Clients Have Zero Interest in Crypto

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BlackRock CEO Larry Fink says that his firm's clients are not asking about cryptocurrencies.

Another Volatility-Linked Exchange-Traded Product Bites the Dust

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RexShares announced on Friday that it will liquidate VMAX, a long VIX futures ETF.

LPL And Lightyear Reported To Exit The Bidding For Cetera

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A tentative agreement with another buyer, probably a private equity firm, may come by July 31, says a source.

Another Robo Rides Into The Sunset

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2018 is shaping up to be a tough year for robos as Hedgeable announces the end of its digital advice platform.

Capital Impact Offers Community Development Notes

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The money from the $125 million in notes will be used for projects in underserved communities.

Advisors Help Tech Professionals Holding Company Stock

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Clients are more emotionally attached to stocks that haven’t gone public, which can create friction in planning.

Health Problems That Can Decimate Client Portfolios

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Most advisors are familiar with this frantic client phone call.

Trump's Tax Plan Has Investors Chasing Dividends Through ETFs

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Some dividend ETFs have enjoyed high inflows as tax reform takes effect in the U.S.

Commerce Secretary Ross To Sell All Stocks After Ethics Office Warning

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After warnings over a conflict of interest, Commerce Secretary Wilbur Ross will divest from his equity holdings.

Don’t Be Caught By Surprise When Indexes Shift This Year

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Major stock indexes will shift in September as sector classifications change, but not all advisors are aware.

Ex-New York Pension Director Gets 21 Months For Pay-to-Play

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The former portfolio manager accepted gifts in exchange for steering billions of dollars in business to their firms.

Despite Their Financial Need, Less Educated U.S. Workers Retire Earlier

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A Boston College economist says four trends account for the growing gap between college and high school graduates.

Investors Tell SEC Best Interest Proposals Are Misleading

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Investors said proposals to help consumers understand if they’re working with a broker or an RIA are downright confusing.

SheaMoisture Founder Launches $100M Fund For Women Of Color

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Businesses owned by women of color have another door to knock on.

Ladenburg Thalmann Rolls Out Retirement Planning Platform

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Advisors who work with retirement plan sponsors will have access to new planning tools, the company said.

J&J Jury Awards $4.69 Billion In Damages Over Talc Cancer

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J&J was ordered to pay the award to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer.

JPMorgan Whistle-Blower Gets $30 Million In Case Over Wealthy Clients

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The CFTC sued JPMorgan for failing to properly inform clients about conflicts in its investment recommendations.

U.S. Yield Curve To Invert In Mid-2019, Morgan Stanley Says

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An inversion has preceded U.S. recessions in the past, and some Fed officials have expressed concern about that happening.

ETF Investors Pick Riskier Financials Over The Safety Of Utilities

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With interest rates on the rise, ETF investors are increasingly embracing risk.