FA News

Obama Renews Carried Interest Tax Fight With Republican Help

by

The president, now supported by Republican presidential candidates, again hopes to end a tax break exploited by private-equity managers, venture capitalists and hedge fund executives.

In Bond-Market Irony, Inflation Is Lower Than When Fed Eased

by

The lack of wage growth has contributed to slower price gains.

UBS: Long Bonds Will Sell Off Today Whether The Fed Is Very Dovish Or Hawkish

by

As the "will they or won't they" debate stretches into the 11th hour, it's a good time to examine how Wall Street expects the market to react to an array of potential Federal Reserve outcomes.

Labor Shortage Sparks Production Delays For U.S. Home Builders

by

Home builders spent years waiting for the U.S. jobless rate to fall so more people would buy houses. Now that employment is up, they’re struggling to meet demand.

Can Goldman Survive In The ETF Market?

by

With the $3 trillion in exchange-traded funds worldwide expected to double by 2020, Goldman Sachs is preparing to launch its first line of ETFs.

Next Gen Advisors Needed, NAPFA Says

by

More young people are coming into the financial industry and they are needed to work with young clients, say NAPFA leaders.

Study: Advisors Flock To Social Media

by

More advisors are using multiple social media networks to find their clients, and a recent study by Putnam Investments suggests that by doing so, they're also finding success.

Schwab: RIAs Hire More Women Than Other Financial Firms

by

RIAs hire more women than the financial industry as a whole, but the number of female executives is still low, Schwab says.

Subcommittee Chair Zeros In On Young Savers As Fiduciary Rule Victims

by

They will be particularly hurt because they will not be able to get advice at the start of their efforts to save for retirement, he says.

Can Donald Trump Be Stopped?

by

Many campaign scalps may be claimed by the fiercest killer in this presidential race, says this observer.

NAPFA: Clients Do Not Know Their Protections Are Being Debated

by

NAPFA leaders say clients do not know a DOL fiduciary rule is being considered.

Source Says Broker Ended Up A Pawn Between Warring Firms

by

Peter Schiff's Euro Pacific and Oppenheimer are battling over a client raid that took place over Memorial Day weekend.

BlackRock Names Salim Ramji To Head U.S. Wealth Advisory

by

BlackRock named Salim Ramji head of its U.S. wealth advisory business, succeeding Frank Porcelli, as the world’s biggest asset manager pushes to attract more retail clients.

SEC Bars Advisor Who Allegedly Bilked NFL Stars

by

An advisor to some of the NFL’s biggest stars allegedly used funds he was supposed to invest in a real estate and casino project to pay for a Lamborghini and a $2.8 million luxury home.

Munnell: Small Fed Rate Increases Will Disappoint Retiree Savers

by

The Fed may soon start raising interest rates, but savers won't see much benefit any time soon, experts say.

Obama Targets Money-Manager Tax Break In Budget Fight

by

President Obama is using the backdrop of an impending government shutdown to pressure Congress to end a tax break exploited by private-equity managers, venture capitalists and some hedge fund...

How To Evaluate The Costs Of Studying Abroad

by

Studying abroad may be an alluring idea in college. But the cost makes it a reality for only about 300,000, or 1 percent.

Bitcoin ETF Arrives . . . Sort Of

by

A fund from ARK Investment Management is the first ETF to invest in bitcoin, the company says.

SEC Issues Cybersecurity Regulations For Advisors, B-Ds

by

A top priority for examiners will be to ensure companies have policies to prevent theft of customer information, the SEC said.