FA News

Ex-Harvard Money Manager Said To Launch Digital-Currency Fund

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Lewis Felias was a portfolio manager focusing on Asian equity markets during his tenure at Harvard Management.

Wells Fargo Arms Branch Workers With Tablets Instead Of Scripts

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The embattled bank's chief of retail has laid out a new customer-service strategy.

Company Ordered To Pay $7.5 Million In Landmark 401(k) Fiduciary Dispute

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A U.S. District Court in California has issued a decision on Tibble V. Edison.

SEC Bars One Bankrate Exec, Fines Another For Stock Manipulation

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Two former executives of financial information website Bankrate have settled SEC allegations of stock manipulation.

Advisor Promotes Fiscal Fitness For Female Firefighters

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Phoenix advisor is holding an educational seminar for Phoenix-area female first responders.

LPL To Offer $100M In Retention To NPH Advisors

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The amount will depend on the level of business brought over to LPL.

Atria Founded Where Futurism Meets Acquisition

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Atria Wealth Solutions says the diverse expertise of its leadership will differentiate it from other acquirers.

Another Day, Another Scam

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There are no secret Federal Reserve Bank accounts to pay individual's bills, warns the Federal Trade Commission.

Edelman On Saving Social Security

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Under Ric Edelman's plan, the U.S. would start investing in its citizens' retirement the moment they are born.

Green Bonds Need More Fertilizer

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Companies known for their sustainable prowess are sitting out this trend, casting doubt on how valuable the label is.

Libor-Tracking ETPs Bring Complexity To The Table

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VelocityShares says its two new products can be used to manage interest rate risks.

$7.7 Billion B-D To Wind Down, Affiliate With Cetera As OSJ

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Girard Securities is leaving the broker-dealer business to become an OSJ affiliated with Cetera Advisor Networks.

California Bars 'Five-Star' Advisor, Pulls License From RIA

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An RIA has accepted an industry bar and the revocation of his firm's license in California.

Trump Ends Business Councils As CEOs Turn Against President

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It was a reversal for Trump, who on Tuesday claimed he had many CEOs ready to replace the "grandstanders" who quit.

U.S. Stocks At Speculative Levels, GMO Warns

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Earnings can't support U.S. valuations, so investors should focus on foreign and emerging market stocks, GMO analysts said.

Advisors Fear Politics Will Drive Market Volatility, Survey Says

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Nearly three-quarters of advisors viewed politics as a threat to market stability in a new Eaton Vance survey.

AARP Offers Scam Mapper

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The web site lets senior citizens and other consumers see what scams are prevalent in their local areas.

AIG Shops $2 Billion Death Benefits Portfolio, Sources Say

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AIG wants to sell a portfolio of life settlements that would pay out when sick or elderly customers die.

Duke, Once A Teller, Named Highest-Ranking Woman In U.S. Banking

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She will become chair of Wells Fargo & Co.’s board at the start of next year.

Climate Bonds Pioneered By Goldman Lure Storm-Plagued Cities

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More than 12 cities are interested in the bonds, which link an investor bonus or penalty to the underlying project.