FA News

Pimco And T. Rowe Price Warn Investors It's Time To Reduce Risk

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Investors should pare U.S. stocks and high-yield debt while shifting to lower-risk assets, they say.

Market Downturn Likely, Advisor Warns

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Summit Global Investments' founder says advisors and their clients should be looking at protecting capital.

Record Percentage Of MBAs Don't Want To Work On Wall Street

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They don't want the lifestyle that Wall Street offers, a survey says.

Housing Market’s New Dominant Force: Baby Boomers Who Won't Sell

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Millennials are finding themselves out in the cold because building has slowed, and longer-living baby boomers are staying put.

U.S. Productivity Rises In Second Quarter; Labor Costs Soft

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Anemic productivity is bad news for President Trump who has pledged to boost annual economic growth to 3.0 percent.

With $1 Trillion Chasing Deals, Investors Park Cash In ETFs

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Private equity investors aren't finding enough deals and are parking money in ETFs.

BlackRock Makes Steep Fee Cuts To Socially Responsible ETFs

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The ESG space has mostly been a “dud,” says one analyst.

Kestra Financial Acquires H. Beck

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The acquisition is the largest by the Austin, Tex., firm, which is set on an aggressive growth plan.

Dambisa Moyo: Slowing Growth Demands Flexible, Long-Term Thinking

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20th century ideas may not solve 21st century problems, Inside Alternatives conference keynoter Dambisa Moyo says.

LPL Moves Technology Needle

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The nation’s largest independent B-D improves its platform with better and faster services for its advisors.

How Folio Forged A 'Connexion' Between Advisors And Robos

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Folio Institutional's Advisor Connexion robo-advisor is now being used by more than 77 RIAs.

CFA Pass Rate For June Level 3 Exam Holds At Highest Since 2006

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The fastest growth in the number of test takers was in China.

Gundlach Prepares For Risky Debt Implosion, Caps DoubleLine's Growth

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The DoubleLine Capital CEO is dumping junk bonds and emerging-market debt, sectors he sees as overvalued.

Tesla Rally Pushes Funds, ETFs Into Big Bets On Shares

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Some funds see their Tesla stake rise as they let ride their position in the stock.

Few Expect Trump's 15% Corporate Tax Rate: Deloitte Survey

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Just under half of the poll's participants viewed a lower corporate rate as being the main economic driver of tax reform.

Republicans Discuss Mix Of Temporary, Permanent Tax Changes

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Mixing and matching would prevent Senate Democrats from blocking tax legislation.

Americans Are Dying Younger, Saving Corporations Billions

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Steady improvements in American life expectancy have stalled, and more Americans are dying at younger ages...

Summit Trail Advisors Adds $500 Million Team

by FA Staff

Justin Waterman and Sarah Silverio are joining the $4 billion New York City firm.

Study Says Aging Populations Will Drive Higher Interest Rates

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Aging populations in China and Europe are poised to transform the global economy by sparking a jump in interest rates that may set the stage for a showdown between the old and the young...

Employee Access To Financial Planning Growing, Study Says

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More employers are offering financial programs as part of their benefits packages, says a study by Arthur J. Gallagher & Co.