FA News

Vanguard CEO McNabb To Step Down As Investment Chief Takes Helm

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Under McNabb, Vanguard more than tripled in size as investors embraced the low-cost index funds for which it is best known.

LPL Prepares Mutual Fund Platform To Comply With DOL Rule

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The "mutual fund only" platform will reduce fees and standardize compensation for financial advisors, LPL said.

CFP Board, Harvest Exchange Launch Advisor CE Program

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The CFP Board and a clearinghouse of asset manager insights are teaming to offer free continuing education for advisors.

Who Gets More Out Of Marriage, Women Or Men?

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She makes me tense. He argues with me. She appreciates me. Husbands and wives rate each other, and their unions.

The $5 Trillion ETF Market Heads To China And Locals Want In

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CICC’s purchase of KraneShares signals China’s ambition to play a bigger role in the global ETF trade.

Social Security, Medicare Trust Funds Get Extra Year Of Breathing Room

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A stronger economy could make the programs more sustainable, Treasury Secretary Steve Mnuchin said.

If Janet Yellen Is Headed For The Exit, Who's Next Leading Fed?

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President Donald Trump has a chance to reshape the leadership of the world’s most influential monetary authority.

SEC Chief Signals Plans To Scale Back Corporate Disclosure Rules

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SEC Chair Jay Clayton said disclosure rules have gone "beyond the core concept of materiality."

Advisor Group Planning Fourth Quarter Robo Rollout

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The company will use Jemstep’s Advisor Pro solution for the robo offering.

BlackRock To Investors: Relax—The Expansion Has Legs

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After eight years of growth, there's good reason to expect more good years to come, BlackRock strategists said.

GOP Is Said To Drop Insurance Executive Tax Break In Health Bill

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An earlier version scrapped a limitation for insurers on how much executive pay is tax deductible.

Bond Trader Bets $10 Million That Volatility Revival Is Imminent

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Volatility in the bond market is about to stage a comeback, believes one big trader.

Investors Don't Hate Fund Managers, Just U.S. Stock-Pickers

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Active funds that buy international stocks attracted inflows of $8.7 billion and active funds that buy bonds gathered $106.5 billion.

Car Thieves Love Hondas From The 90's

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"Garden-variety knucklehead" thieves prefer the older models rather than newer cars with theft-prevention technology.

HSAs Still Underutilized By Consumers, Insurance Officials Say

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Health savings accounts are still not well understood by the public, according to speakers at an HSA conference.

U.S. Rich Will Get Richer, Poor Poorer With Obamacare Repeal

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Adding 22 million to the ranks of the uninsured will further widen income inequality.

SEC Chief Says Interests Of Main Street Investors Reign Supreme

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“How does what we propose to do affect the long-term interests of Mr. and Ms. 401(k)?" SEC Chair Jay Clayton said.

Raymond James Associates Cutting Pay Grid

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The firm's employee unit said the cut will amount to a percentage point for about three-quarters of its advisors.

Why Tuition-Free College Makes Sense

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Among the benefits are higher tax revenues, a more highly skilled workforce and a healthier populace, this expert says.

Advisors' Service Values Out Of Whack, Fidelity Says

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Fidelity has created a hierarchy of values for financial practices, arguing that many advisors emphasize the wrong things.