FA News

East Coast Advisors Joins Alex. Brown

by FA Staff

The firm, previously with Morgan Stanley, manages $500 million in assets.

TD Ameritrade: RIAs Losing Confidence In U.S. Economy

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Advisors also have doubts about the stock market, but feel better about the global economy, according to a TD Ameritrade survey.

Older Americans Aren't As Poor As We Thought

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There's a widening wealth gap between the old and young.

Rockefeller Foundation Backs Nonprofit ETF Startup

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Impact Shares seeks to become the first nonprofit to sponsor an ETF.

Greenspan Warns Of Bond Market Bubble

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Forget about the equity bubble, the former Fed chairman says. The real danger is a sudden rise in interest rates.

Wall Street Regulators Set To Rewrite Volcker Rule

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Big banks may get more flexibility for handling client trades, as well as investments in private equity and hedge funds.

Bond Investors Smarter Than Stock Pickers, Study Finds

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Liquid, high-yield bonds foretell equity moves, according to the Berkeley study

Fi360 Has Issued 10,000 Designations

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The financial education firm offers three designations for financial professionals.

This Is an Outrage, Junk-Bond Market Says. Everyone Buys Anyway

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Exuberance in the high-yield markets has veterans sounding the alarm.

HighTower President LaMena Jumps To Another Firm

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Michael LaMena will be president and COO of Bronfman Rothschild.

LPL Offering Uberization Of The Financial Advisor Business

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A new LPL service will allow advisors to outsource or eliminate office functions that may not be contributing to growth.

Valliere: Markets Will Ignore Trump Turmoil Unless 1 Of 3 Things Happen

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Three political issues could disrupt the bull market, says Horizon Investments' Greg Valliere.

U.S. Senate Too Divided To Keep Health-Care Push: Sen. Hatch

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Though cost-sharing subsidies that help make Obamacare plans affordable could be targeted.

Fidelity Lowers Fees

by FA Staff

Fees will average 9.9 basis points on its stock and bond index funds, starting Tuesday.

House Republicans Recommit To Passing Tax-Law Overhaul This Year

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Taxing the rich isn’t part of the game plan.

Outside Advisor To Trump Calls For Firing Of CFPB Head Cordray

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Under current law, the president can only fire Cordray for cause.

Advisors Lead Race To Bottom In Fund Expenses

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RIAs remain the largest users of exchange-traded products.

LPL Seen As Front-Runner To Buy National Planning Holdings' B-D Network

by FA Staff

Jackson National apparently decided to explore selling the NPH network in the wake of the DOL rule.

Gundlach's DoubleLine Bought Five-Month Put Options On S&P 500

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The money manager is going long on volatility.

S&P 500 Knocked Lower After Earnings Wave

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The index slipped on earnings reports from high-profile names such as Amazon, Exxon and Starbucks.