FA News

Final Bids For Cetera Due July 2

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The price is expected to be at least $1.3 billion to buy the network of six independent B-Ds and about 8,000 reps.

Morgan Stanley Hires Artificial Intelligence Expert

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CEO James Gorman has made new technologies a top priority at Morgan Stanley.

Confused About Where Pot Is Legal? This Lawyer Holds The Key

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This Fox Rothschild attorney specializes in helping clients understand pot laws and provides regular public updates.

Bond Managers Eyeing Rising Volatility, Recession Potential

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Global interest-rate managers are bearish, while credit managers remain bullish, says a Russell survey.

Franklin Templeton Files For New Saudi Arabia ETF

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The country will be promoted to MSCI emerging market status in 2019.

Astronaut Buzz Aldrin Lashes Back At Children Who Say He Is Not Competent

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Aldrin, one of the first two humans to walk on the moon, says two of his children are exploiting him.

Shiller: Bitcoin Is A Speculative Bubble, A Social Movement

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It has tumbled this year as regulators step up scrutiny of what critics say is a vehicle for fraud.

Where Americans Made The Most Money Selling Their Homes

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“A short supply of homes for sale kept upward pressure on prices last year, Zillow said.

How Sky-High Deductibles Broke The U.S. Health Insurance System

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Plans that put workers on the hook for many thousands of dollars are widespread and growing, but a few employers are having second thoughts.

Microsoft Case Shows Difficulty In Pursuing Discrimination Suits On Pay, Promotions

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A decision prohibiting a class action is a major blow to the leading case attacking the male-dominated tech industry.

Almost Half Of U.S. Couples Say Financial Health 'Very Good,' Fidelity Finds

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But they often disagree about when to retire and how much they should save.

Wells Fargo Hit With $4 Million Fine For Improper Sales Of Market-Linked Products

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Wells Fargo generated large commissions by improperly encouraging retail customers to actively trade them, the SEC says.

Affluent 'Terrified' Of Health-Care Costs, Advisors Aren't Addressing It

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Most of the survey respondents, all in their fifties, said health-care costs are "out of control."

$19 Billion Of Stock For Sale And Other Theories On The Selloff

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The worst equity selloff since early April ticked a lot of boxes for technical analysts.

Former Analyst Accuses Finra Of Age Discrimination In Lawsuit

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The former employee alleges Finra targeted older workers in a September wave of firings.

MetLife Accused Of Defrauding Investors Over Pension Reserves

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The company used its reserves to boost the bottom line rather than make pension payments, regulators allege.

The Trade War Has Sent The Yield Curve To Its Flattest Since 2007

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As a result, several Wall Street firms are cutting or questioning their year-end forecasts.

Former Toys 'R' Us CEO Working On The Retailer's Reboot

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Any comeback is considered to face long odds because of how far the former market giant has fallen.

LPL Replaces Retiring Morrissey With UBS’s Steinmeier As Recruiting Chief

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The change comes as LPL is experiencing turmoil following its acquisition of Jackson National’s four IBDs.

Tax Reform Makes It A Good Time To Use Dynasty Trusts

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Expanded estate-tax exemptions make these trusts even more useful for passing wealth to future generations.