FA News

U.S. Supreme Court Will Consider Narrowing Securities-Fraud Laws

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The issue is whether false statements are enough to hold someone liable for a fraudulent scheme.

ETF Stuffed With Tech IPOs Outpaces The Stock Market

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The Renaissance IPO ETF is getting a boost from the likes of Chinese-video entertainment firm iQIYI Inc.

Lightyear, Potential Lovell Minnick-Led PE Consortium Most Likely Buyers Of Cetera

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Lightyear Capital is viewed by multiple M&A bankers as being in the lead as the second round of bidding begins.

Former Advisor Will Pay $1.2 Million Under SEC Fraud Settlement

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Ronald Fossum of Washington allegedly used his client's money to live a life of luxury.

RIAs, IBDs Lag In Adopting, Implementing Alternatives

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Wirehouses have been more aggressive in allocating client assets to alts, according to iCapital.

Tax Law Benefits Clients With Special Needs Children

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The new tax law increases what can be saved in ABLE accounts for disabled beneficiaries.

Diversification Continues To Work 'Brilliantly,' Morningstar Panel Says

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Despite increased correlations 10 years ago, diversification remains a fundamental and effective strategy, panelists said.

BofA Weighs Allowing Commissions On Merrill Retirement Accounts

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The possible reversal appears to be due to the defeat of the DOL fiduciary rule.

California's Brown Is Leaving Behind Fully Funded Piggy Bank

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The rainy-day fund approved by voters is at maximum for the first time.

We Forgot To Mail The Check And Other Municipal-Bond Excuses

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Bond issuers have forgotten to pay investors 119 times since January 2017.

Elder Abuse Prevention Website Launched For Advisors, Public

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The website was created through a partnership including Bank of America and AARP New York.

Many Financial Advisors Remain Holdouts In Digital Data Age

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The "paperless office" is still a mythical concept in many advisor practices.

VanEck Files For Video Gaming And eSports ETF

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The business of electronic sports is a fast-growing global phenomenon.

Skittish Muni-Bond Investors Are Worst At Timing The Market

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Municipal bonds are one of the world’s safest investments, buyers are still prone to so-called headline risk.

Trump Insiders Seek Pardon For 'Junk Bond King' Michael Milken

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Sources say the idea is supported by Jared Kushner, Steven Mnuchin and Rudy Giuliani.

LPL Offers Advisors Model Portfolio Focused On Blockchain Tech

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The portfolio will focus on companies developing and implementing blockchain technology.

Debt, Tariffs Seen As Biggest Threats To Strong Economy By CIOs

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Free trade has raised the living standards of populations around the world, the money managers said.

Rich Looking To Dodge Property Tax Caps Turn To Alaskan Trusts

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Tax advisors say strategy is best for the well off, but not the super-rich.

Powell Styles Himself Fed Chairman For The People As Rates Bite

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Jerome Powell's shift toward plain-spokenness comes as the Fed approaches a treacherous policy juncture.

New Alliance Promotes Annuities

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AIG is among the founders of the alliance, which is promoting the benefits of annuities to investors and advisors.