FA News

Panelists: Fed Will Probably Think Twice About Raising Rates

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A panel of fixed-income specialists say the Fed will likely delay plans to raise interest rates.

Some Advisors Feared Volatility Back In June

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Advisors were concerned about volatility and an interest rate increase in survey taken in June and July, Eaton Vance says.

Real Estate Financier Defrauds Chinese Investors In $125 Million Scheme

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Lobsang Dargey, of Bellevue, Wash., faces fraud charges after he allegedly defrauded Chinese investors with promises of residency in a real estate scheme.

Mobius Says Too Soon To Buy Emerging-Market Stocks

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The famed money manager believes the rebound from six-year lows will be shortlived amid widening price swings.

Was It A Flash Crash? And Other Questions Post-Swoon

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U.S. investors were jittery on Monday morning after fears of an economic slowdown had rocked markets around the world.

Bridgewater's Dalio: Next Big Fed Move Will Be To Ease, Not Tighten

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The founder of the world's largest hedge fund believes the Fed’s next move will be to loosen monetary policy, not tighten it.

Amazon's 401(k) Plan Is Pretty Brutal, Too

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The company’s workplace culture now under scrutiny for its reportedly brutal tendencies is paired with a comparatively stingy and risky retirement plan.

Schwab To Pay $2M For Net Capital Violations

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A Charles Schwab Corp unit has agreed to a $2 million civil fine for failing to keep sufficient cash on hand to meet capital requirements on three separate days last year.

Savant Capital Acquires The Corcoran Group

by FA Staff

The acquisition brings Savant's AUM to $4.5 billion.

Advisors Stay The Course Amid Monday's Market Drop

by Karen DeMasters and Christopher Robbins

Some advisors anticipated the decline, and on days like today their role is as much soothing client nerves as it is managing money.

Why Oil-Producing Countries Keep On Pumping

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It defies logic as oil prices plummet, but the major players have their own peculiar reasons.

Nick Murray Sees Correction As An Opportunity

by FA Staff

If one has cash to be deployed for long-term goals, it should be invested before nightfall, says Nick Murray.

SFA Acquires MerCap

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The deal gives insurance agents at the target firm a path to become advisors.

Largest Korea ETF Sees Worst Money Outflow On Record Amid Crisis

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War threats on the Korean peninsula has caused investors to flee the fund.

SEC Accuses Investment Manager Of $65 Million Fraud

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The SEC has obtained a court order freezing the assets of a Greenwich, Conn., investment manager charged with defrauding his venture capital employer.

Aging Board Members Stick Around Longer Than Ever in S&P 500

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The one place in business where executives don't have to worry about being judged too old is the boardroom—if they're lucky to get a seat.

Seniors Gear Up For The Sharing Economy

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More Americans than ever intend to keep working past traditional retirement age, and entrepreneurship is becoming a more common alternative to full-time jobs.

Ex-JPMorgan Banker To Plead Guilty In Embezzlement Case Hearing

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A former investment advisor to wealthy clients at JPMorgan Chase is expected to plead guilty amid charges he took at least $22 million out of client accounts for personal use.

Mercer Exec Replacing Salisbury As Chief Of EBRI

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Harry Conaway, a partner at consulting firm Mercer and head of its Washington Research Group, is taking the reins as CEO of the Employee Benefit Research Institute.

3 Charged With Operating Phony Pension Advance Operation

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Three California executives and their two companies were charged with operating an illegal, usurious lending business that preyed on retirees by promising them advances on their pensions.