FA News

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Election Carries Big Consequences For Advisors, Schwab Political Analyst Says

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Lobbyist Michael Townsend sees a "very, very close" race that could impact everything from taxes to advisor regulations.

Franklin Templeton Survey Shows Surging Advisor Interest In Crypto

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More advisors say they will recommend the assets within the next six months, the survey said.

Hope For Ether ETF Sparks Surge In Crypto Prices

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Investors believe the odds that the SEC will approve the first ether fund are rising.

What A World That's Growing Older Fast Means For Investing

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Many of the strategies being put in place to trade the graying of the world reflect inflationary concerns.

Fed's Waller Needs 'Several More' Months Of Good Inflation To Cut Rates

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The Fed governor said that further rate increases are “probably unnecessary.”

Goldman Says Equity Investors Bracing For Return Of Volatility

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The bank's measure of risk appetite hit the highest since 2021 last week.

Jamie Dimon Says Succession At JPMorgan Is 'Well On The Way'

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The 68-year-old CEO moved some of his top lieutenants into new senior roles earlier this year.

JPMorgan Says Every New Hire Will Get Training For AI

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The investment bank sees the emerging technology as worth between $1 billion and $1.5 billion.

Ivan Boesky, Convicted Of Insider Trading In 1980s, Dies At 87

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He won fame as a high-flying Wall Street arbitrageur before a scandal that defined his era.

Why Wealthy Clients Fall For 'Dirty' Tax Scams

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Some clients, advisors admit, look to the annual IRS "Dirty Dozen" tax scam list as a manual for dodging taxes.

TD Sues 2 Advisors, Claims They Stole Clients After Move To RJF

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TD Bank claims they violated their contract by recruiting clients with $22 million in assets.

Pandemic-Era College Kids Face Job Market That Doesn't Want Them

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The first students to have their proms disrupted by Covid-19 are again having to adjust their expectations.

Speedier Wall Street Trades Are Putting Global Finance On Edge

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Firms of all stripes are preparing for the imminent shift to faster U.S. stock settlement and the issues it may bring.

Florida's 125% Surge In Property-Insurance Bills Sows Havoc

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Mounting costs have pushed assisted-living centers to the brink.

One Of The Last Big Bears On Wall Street Turns Bullish On U.S. Stocks

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The Morgan Stanley strategist boosted his target for the S&P 500 to 5,400 points from 4,500.

Wall Street's Risk Appetite Stays Strong Despite High Rates

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Healthy as risk-free rates are, they've done little to curb appetites for fancier forms of yield.

N.Y. Advisor Convicted Of Stealing More Than $1M From Couple, DOJ Says

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Jeffrey Slothower of Southampton allegedly spent the money on a golf club membership and luxury goods.

RIAs Have Bought $3.5 Billion In Bitcoin ETFs Since January

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More than 563 investment firms own these spot bitcoin ETFs, according to SEC filings.

El-Erian Says Fed's Higher-For-Longer Rates U-Turn Is At Odds With Market

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He said the Fed will have to look beyond inflation numbers to the real economy.

Caregivers Feeling The Financial Stress

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People giving care to adults have had to sacrifice work advancement and full-time employment.

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