FA News

Military Spouses Are Special Subset Of Financial Advisors

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Stacy Miller, an advisor in Tampa, describes the challenges.

Vanguard Wins Love Of Self-Directed Investors, Says J.D. Power

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Investors want more contact and guidance when accessing firms online.

FSI, SIFMA Ask Court To Reject DOL Rule Do-Over

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The industry groups filed a motion objecting to an AARP request for a DOL rule rehearing.

Financial Engines Sold To PE Firm For $3 Billion, Plans To Combine With Edelman

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Private equity firm Hellman & Friedman will purchase Financial Engines and combine it with Edelman Financial Services.

Goldman Trading Desk That Once Had 500 People Is Down To Three

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Technology in the trading business has increased efficiency, Goldman President David Solomon said.

JPMorgan Says Treasury Selling Pressure From Quants Likely Over

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The threat posed by commodity trading advisors to Treasuries has now largely subsided, the firm's analysts said.

Morgan Stanley Plans To Boost Junior Banker Pay As Much As 25%

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Base salaries for most investment-banking associates will rise by 20 percent to 25 percent.

The Right Trust Can Yield Tax Advantages For Wealthy Clients

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The non-grantor trust could become a potent tool in light of Trump's tax reform.

Corporate America Saving Boatloads On Trump Tax-Cut Windfall

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The levies for S&P 500 companies have fallen by $13 billion so far.

Leading Robo-Advisors Post Negative First Quarter Returns

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Taxable robo-advisory accounts tracked by Backend Benchmarking delivered negative returns for the first quarter.

Bill Could Make Annuities More Available To Retirement Plans

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A bill pending in both houses of Congress would make it easier for employers to add annuities to workers' benefits.

March Consumer Spending Picks Up; Inflation Hits Fed Goal

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The rise in consumer spending, which accounts for 70 percent of the economy, gives the economy some momentum.

Oil Hedge Fund Manager Andurand Says $300 Oil 'Not Impossible'

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Energy companies are reluctant to invest in production, which could drive up prices, he said.

GM Going Dark On Monthly Sales Won't Stop Reporting Shenanigans

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The cutthroat nature of the auto business contributes to short-term fluctuations that aren’t indicative of real trends.

Portugal Luring Rich Pensioners With Tax Breaks

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Portugal introduced tax incentives nine years ago to bring back expatiates and attract skilled foreign workers.

‘Father of ETFs’ Warns About Dangers Of Leveraged Funds

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Jim Ross says State Street Global Advisors will never sell leveraged ETFs.

Aberdeen Acquires ETF Securities’ U.S. Business

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The U.K.-based asset manager gains a toehold in U.S. ETF market.

DOL's Warning Against Impact Investing Called 'Outdated' Thinking

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The DOL's guidelines put "profits over everything else," a global impact investing network said.

Hedge Funds Are Columbia's Big Bet In $10 Billion Endowment

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Columbia University’s $10 billion endowment has invested a third of its assets in hedge funds.

Invesco 'Pounding The Table' No More As Commodity ETFs Surge

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The specter of inflation is making commodity ETFs an easier sell.