FA News

Bitcoin To $50,000 Is Latest Call From Prolific Stock Picker

by

Bitcoin will double to $5,000 next year, and reach $25,000 to $50,000 in the next decade, he predicts.

One Hour Of Their Time Could Save Senior Clients Money And Their Lives

by

One person 65 or over dies from a fall every 19 minutes. A free webinar aims to lower that statistic.

Pimco Income Fund Grows To $88.9 Billion As Inflows Continue

by

The Pimco Income Fund last month extended its lead as the world’s largest actively managed fixed-income fund.

Payday Loans To California Seniors Tripled In A Year, But Why?

by

An agency spokesperson said he had no idea what caused the increase.

Illinois Bonds Rally After State Moves To End Budget Impasse

by ,

The state senate overrode Gov. Bruce Rauner’s veto to approve tax increases and the first full-year budget in two years.

SEC Sues Sister Of Convicted Ponzi Schemer

by

The sister is accused of illegally profiting from her brother's Ponzi scheme.

Raymond James Financial Moving To Single Payout Grid

by

The changes, prompted by the DOL rule, could represent a cut in pay for some advisors.

Ex-American Realty CFO Convicted Of Accounting Fraud

by , ,

Brian Block faces years in prison for manipulating and making up financial results at the REIT.

Consumers Urged To Check Credit Reports At Least Yearly

by

The FTC reminded consumers that credit report problems can prevent them from buying a car or a home.

War Or Recession Might Be Needed To Break Low-Vol, Goldman Says

by

That’s generally been the case for the 14 similar low volatility “regimes” since 1928, Goldman says.

Morgan Stanley Banker Fights For Bonus After $100 Million Year

by

Lawyers on both sides are arguing over whether French law applies to the case.

SEC To Allow All Companies To File Secretly For IPOs

by , ,

There has been a drop in IPOs in the U.S. the last 15 years, driven by a reduction of small IPOs.

NYSE Arca Loses Listing For 50 BlackRock ETFs

by

The move is a coup for rivals Bats and Nasdaq.

DOL Asks About Gutting The BIC, Extending Deadline

by

The agency’s request for comment adds more uncertainty to the drawn-out soap opera that is its fiduciary rule.

A 60-40 Portfolio Could Return Less Than A Savings Account

by

Research Affiliates' revamped portfolio analysis tool offers dismal expectations for future returns.

U.S. Homes Prices Up And Incomes Down

by

Median home sales are rising faster than wages. Knowing where to buy is important.

ESG Investment Strategies Will Disappear (And For Good Reasons)

by

Companies with solid ESG practices will just become part of a good income and dividend strategy, says Columbia Threadneedle.

MetLife Board Approves Brighthouse Spinoff, Sets Effective Date

by

MetLife came a step closer to spinning off its U.S. retail life insurance and annuity business.

Advisors Must Lead On Protection Of Elderly From Financial Abuse

by

The problem of financial abuse of the elderly is growing with the aging population.

Nationwide Offers Concierge Health Services

by

Nationwide will offer employee-assistance-type services to variable annuity owners.