FA News

How One Advisor Is Putting 3 Kids Through College For $800,000

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A California advisor and others explain how they've managed to afford college for multiple children.

Fraudster Spent Client Money On His Lawn And Home

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A money manager enticed investors out of $6 million by showcasing a lavish lifestyle, the SEC says.

Amazon To Acquire Whole Foods In $13.7 Billion Bet On Groceries

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The deal marks the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.

The U.S. Is Where the Rich Are The Richest

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U.S. millionaires and billionaires control 63 percent of America’s private wealth.

BlackRock, Elliott And Pimco Want These Changes To Finance Rules

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Some things haven't worked out as planned with Dodd-Frank, and corporate American wants changes.

Bitcoin Tumbles Most In More Than Two Years After Record Run

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The decline coincides with a slide in technology stocks.

RIA Firm Prices Rising To Insane Levels, Exec Says

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A "molester" with an agenda might pay 12 to 14 times EBITDA, Hightower's Elliot Weissbluth says.

5 Retirement Planning Steps To Take When Clients Divorce

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The trauma of divorce can be used as an opportunity to secure clients’ financial futures, this retirement coach says.

If Trump Unlocks $2 Trillion At Banks, Here's Who May Get It

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Trump wants banks to plow their windfall back into the economy by making more loans, but it could go to shareholders.

FBI Went Too Far In Searching N.Y. Financier's Files, Judge Says

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The judge sharply criticized the FBI for "reckless disregard" for the private equity executive's Fourth Amendment rights.

Bank Of America To Lay Off More Workers

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The cuts come as Bank of America is aiming to cut costs to boost financial targets.

Charitable Planning: The Missing Conversation

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Advisors can deepen their client relationships through discussions about charitable giving, according to Fidelity Charitable.

New U.S. Funds Would Mimic ADRs But Cut Currency Risk

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Precidian filed with the SEC for its "ADRPLUS" exchange-traded fund.

Fed Signals Another 2017 Hike; Don't Hold Your Breath, Analysts Say

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These market strategists say economic data points to Wednesday's interest rate hike being the last of the year.

When Given Chance, Young Women Warm To Working In Financial Industry

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Girls Who Invest is finding strong interest in investment management among college-aged women.

Popular 401(k) Funds Are Packed With Tech Stocks

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Fidelity Contrafund’s stake is at a 20-year peak; other plan favorites are getting close.

Gundlach Warns U.S. Low-Risk Financial Environment Could Change

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The DoubleLine Capital CEO said investors should rotate out of U.S. stocks and into European equities.

Why Investors In This China ETF Are Betting Big

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Investors are placing bets on whether MSCI will include mainland China-listed equities in its global indexes.

DOL Rule Forces Independent Advisors To Differentiate, Adapt, Schwab Says

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With the new rule, being a fiduciary is no longer something advisors can brag about, according to a new Schwab survey.

Trump's Wall Street Game Plan Needs Players

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Trump is months away from installing top officials at key regulatory posts to carry out his agenda.