FA News

Millennial Women More Worried About Investment Risk Than Men, Survey Says

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Young women's refusal to take on investment risk means they're saving less than males, the survey said.

Moscow Financier Goes AWOL As Global Clients Hunt For Millions

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Golden Oscars, Milan trips and free cars. Now, there’s nothing left to celebrate.

SEC's Clayton: Rule Will Stop Brokers From Selling Most Expensive Investment

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The SEC chairman said brokers would no longer be able to base advice on what makes them the most money.

Despite Volatility, Jury Still Out On Cryptocurrency Investing, Morningstar Panelists Say

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The cryptocurrency market is still too new to accurately assess its viability as an investment, they said.

Goldman Says Big Short Squeeze Is Step In Preserving Market Calm

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A basket of 50 heavily shorted companies has jumped 16 percent since May 1.

Fed Raises Rates; Officials Boost Outlook To Four Hikes In 2018

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“Economic activity has been rising at a solid rate,” the FOMC said in its statement.

Half Of The World's Too Big To Fail Banks Are In A Bear Market

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The pain has been felt most acutely in Europe, where weaker economic data has been turning heads.

ETF Flows Hint At Economic Slowdown

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Outflows from two leading value ETFs portend slowdown worries.

BlackRock, Wells Fargo Eye ESG Funds For 401(k)s

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The asset managers are betting that a surge in interest in ESG investing will carry through to 401(k)s.

PridePlanners Becomes Part Of FPA

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The move is designed to further diversity efforts of the FPA and support the needs of the LGBTQ community.

Grantham Says Climate Change, Pollution Put Mankind In 'Race For Our Lives'

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It may be too late to stop climate change, but humanity may save itself if investors act now, he said.

LPL To Buy Back 'Illegally Sold' Securities To Settle Multi-State Charges

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Regulators in Massachusetts and Alabama say the firm improperly sold securities over a 12-year period.

Nobel Laureate Tells Advisors How To Get The Truth From Clients

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Prof. Daniel Kahneman offered ways to filter out the "noise" from the decisions clients make.

Gundlach Says Rising Rates And Deficits Like 'Suicide Mission'

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It's "unprecedented" to see such a high U.S. deficit this late in an economic cycle, he said.

With Great Wealth Comes A Great Divide In Social Consciousness

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Younger millionaires have a stronger desire to use fortunes to benefit broader society than do their older peers.

No Letup For Bitcoin As Biggest Cryptocurrency Extends Drop

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Many of Bitcoin’s closest peers have dropped more than 16 percent since Thursday.

Financial Freedom After Living Behind Bars?

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N.J. advisors get an enthusiastic response from parolees they are teaching to manage their finances.

Rocks Under I-95 Present Odd, And Scary, Threat To Power Grid

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The 300 million-year-old rock under the highway could knock out power if a solar storm hits.

Wealth Enhancement Group Acquires Cimino Wealth Advisors

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The acquisition expands Wealth Enhancement Groups’ Midwest presence with its first Wisconsin office.

Advisors Beware: Not All ETF Factors Are Compatible

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Single-factor and multifactor ETFs have different uses, panelists at the Morningstar conference said.