FA News

Estate Planners Give Back To American Cancer Society

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Two attorneys who work with clients on legacy planning are acknowledged for their fund-raising planning.

Real U.S. Wage Growth Led By Women Over Last Four Decades

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Weekly pay for women working full-time has increased almost 24 percent over the last four decades.

House Clears Bill That Makes It Easier To Soften Volcker Rule

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The bill says the Federal Reserve would be the sole regulator in charge of the Volcker Rule, a key Wall Street aim.

Rise Of ‘Gray’ Divorce Is Forcing A Financial Reckoning After 50

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With rising divorce rates among seniors, divorced women find they must finally deal with long-term planning.

BlackRock Pays CEO Fink $27.7 Million As Assets Top $6 Trillion

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The asset increase was driven by investors continuing to move money into passively managed funds.

Female Bond-Fund Managers Win On Returns As They Fight For Jobs

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Only 14 U.S. debt funds were managed exclusively by women as of September 2017, despite their outperformance.

Americans Struggle To Save For Rainy Day, Nonprofit Says

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About one-third of households with less than $75K in income don't have emergency savings, said NeighborWorks America.

Pimco Accused Of Discrimination, Retaliation By Female Executive

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The firm was accused of sex and age-based discrimination by an executive who alleges she was passed over for promotion.

Goldman Sachs Says You Must Own Commodities In These Tense Times

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Raw materials are rallying on escalating political tensions and global economic growth, the bank’s analysts said.

Pershing Sees No Evidence Of 'Fee Compression' Among Elite RIAs

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Informal polling and increasing RIA revenues point to fee compression as being a "myth," a company executive said.

Ascensus Expands In Northeast

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A benefits administrator, Ascensus buys another TPA as it implements its growth plans.

Social Security Recipients May Get Less Than They Think

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Social Security's cost-of-living increases don't keep up with retirees' real costs, advisors say.

Advisors Need To Protect Clients From The Next Market 'Gold Rush'

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Fad investments can be alluring to clients, but advisors need to be steadfast in avoiding them, this analyst says.

SEC Warns Advisors On Overcharging Clients

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The regulator has devoted a new investor alert to the many ways advisors may incorrectly eat away at their assets.

NorthStar's TAMP Purchase Will Expand Services It Provides Advisors

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The acquisition means NorthStar can increase its portfolio and back-office services for advisors.

Former Broker Agrees To Pay SEC $400,000 To Settle Churning Charges

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The former broker is one of three who was charged by the SEC in September with churning their Alexander Capital clients.

SEC To Reveal Three Broker Conduct Rule Proposals Next Week

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It will be the SEC's first attempt at establishing a standard of conduct for brokers.

BlackRock Beats Earnings Estimates, But ETF Flows Fall 46% On Volatility

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Growth in BlackRock’s ETF business will likely be more subdued compared to the last several years.

Bitcoin Buyers Have To Take A Wild Guess On Their Taxes

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Even accountants are unclear on how to treat complex transactions.

Former Schwab Exec To Head Finra's Exam Programs

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Bari Havlik, chief compliance officer at Schwab, will head Finra's member supervision unit.