FA News

L.A. Advisor Accused Of Charging Athlete $1.2 Million In Excessive Fees

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An advisor allegedly defrauded an athlete and the athlete's wife out of $1.2 million in fees.

U.S. Warns Citizens About Travel To Cancun As Homicides Rise

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Homicides have been rising at resorts popular with American tourists.

Active Managers Are Getting Better, But Investors Don't Seem To Notice

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Active managers are improving in their ability to outperform benchmark indexes, says Morningstar.

C-Suite Executives Could Benefit From Financial Counseling

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A new study by AMG National Trust Bank says corporate executives do not understand all of their job benefits.

The Real Cost Of Timeshares

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Designed to save vacation money, timeshares can end up being costly, an attorney says.

Bite-Sized Savings Strategies Can Be Effective For Retirement

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Advisors discuss strategies that take the sting out of saving money.

TD Ameritrade Launches Facebook Chatbot

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TD is using artificial intelligence and machine learning to communicate with customers on Facebook messaging.

Emerging Market Stocks March Back Toward Three-Year High

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Emerging markets have been boosted this year by a weak dollar and by low yields for benchmark U.S and European bonds.

Fee-Slashing ETF Issuers Take Hard Look At Their Expenses

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Over 70 percent of the flows to index funds has gone to those charging 10 basis points or less.

Asset Flows Out Of Active, Into Passive Accelerate In July

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Passive indexing continues to dominate active management in attracting assets.

Wall Street's Hunger For Data Scientists Fed By New NYU Ph.Ds

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Data scientist may be the hottest job title on Wall Street, but also the most ill-defined.

Millennial Americans Are Moving To The 'Burbs, Buying Big SUVs

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They are starting to leave the cities to have children, buy houses and drive SUVs.

College Students Need A Power Of Attorney

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An attorney explains why parents should encourage children to put one in place.

CAPTRUST Buys CapTrust Advisors

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A retirement-plan consulting firm continues to expand into wealth management, creating a $240 billion firm.

ETFs May Not Be The Best Choice For Retail Investing

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Two retail ETFs, as well as individual stocks, may be the better way to invest.

Betsy DeVos Could Make It Harder To Afford College

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Her track record includes removing student loan protections, says one critic.

Advisors Voice Mixed Response To Proposed CFP Conduct Code

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While mostly supportive, many advisors say the board's proposed conduct standards are unclear and need revision.

JPMorgan Pledges $1 Million To Fight Hate After Charlottesville

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The company is giving the money to two anti-hate groups to help mend the nation’s rifts.

Beware Of Liquidity Issues In ETF Market

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Certain kinds of ETFs have more liquidity risk than others.

J&J Loses $417 Million Talc Verdict In First California Case

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J&J was ordered by a Los Angeles jury to pay $417 million to a woman who blamed her ovarian cancer on the company’s talc.