FA News

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DOL's Warning Against Impact Investing Called 'Outdated' Thinking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

CFP Mark Holders Declare Bankruptcy

by FA Staff

The CFP Board releases the names of six mark holders declaring personal bankruptcy.

Diversity Scholarship Named For Late Advisor Dick Wagner

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The scholarship will assist new and prospective professionals and advance diversity in the profession.

Fed May Lean Toward Four Rate Increases In 2018 After Wages Data

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Faster U.S. wage gains probably nudge the Federal Reserve toward more hikes.

Cetera Integrates Insurance Portal Into Financial Planning Suite

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A new portal in Cetera's software suite will make it easier for advisors to add insurance to financial plans.

'Hijacked' By Rates, Bull Market Loses Footing On Shaky Ground

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Treasurys and the resurgent dollar are wreaking havoc on popular Wall Street investments.

Fearing The Fed, Credit Investors Are Buying More Junk Instead

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Investors’ willingness to take on credit risk was evident in the market for new bonds and loans this week.