FA News

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Finra Bars Northwestern Rep For Allegedly Processing Policies Without Clients' Consent

by FA Staff

Multiple clients of Michael Gerard Gravelyn said they had not signed policy applications.

Powell's Public Confidence Nears Historic Lows, Gallup Finds

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Amid persistent inflation, politics drives the Fed chairman's low approval rating.

Corporate America Is Set To Save Stock Market Rally, Goldman Sachs Says

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Buybacks have picked this year, with big tech at the forefront.

AmeriFlex Acquires W Source, A Networking Platform For Women

by FA Staff

AmeriFlex is aiming to reach gender parity among its partner advisors.

David Einhorn Says Markets Are 'Broken.' Here's What Data Shows

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The money manager says rampant passive investing has undermined the hunt for value.

JPMorgan Sees Opportunities In High-Yield Credit

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High-yield is playing a bigger part in investors' portfolios, says a firm report.

$830M Team From Janney Joins LPL Independent Platform In Conn.

by FA Staff

Thimble Island Private Wealth is affiliated with LPL's Strategic Wealth Services.

SoFi Settles With Finra In $1.1M Penalty Over Thieves' Use Of Accounts

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Thieves used the B-D's cash management accounts to transfer millions from outside institutions.

Former First Republic Advisors Battle JPMorgan To Keep $90M In Loans

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The advisors contend they were victimized by the failed bank.

Global Bond Rally Faces Supply Test As U.S. Refunding Starts

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The Treasury kicks off $125 billion of sales this week. It will test the global bond rally.

One Out Of Every 24 New York City Residents Is Now A Millionaire

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Despite the exodus talk, New York City's residents still have more wealth than those in other metros.

Archegos Trial Cast Led By Hwang, CFO And Polo-Playing Trader

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Here are the players in the criminal trial following the collapse of Archegos Capital.

BlackRock Cuts Jobs In Muni Business Under New Leadership

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Patrick Haskell, a former co-head of fixed income capital markets at Morgan Stanley, has taken over.

Will The Lawsuit Against The DOL Fiduciary Rule Prevail?

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Three experts weigh in on the motion for an injunction against the new rule and hopes to vacate it.

Medicare Insurance Fund Can Pay Full Benefits Until 2036

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Medicare's hospital insurance trust fund's viability improves, adding five years.

Grayscale Bitcoin Trust Sees First Inflows Since U.S. ETFs Were Approved

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The ETF has suffered net outflows of about $17.4 billion since it was converted from a trust.

Focus Financial Partners To Merge The Colony Group And Buckingham

by FA Staff

The transaction raised questions about consolidation of other Focus firms.

Raymond James Adds Okla. Husband-Wife Advisor Duo With $200M

by FA Staff

Mike and Shaley Sikes have come over from Edward Jones.

LPL Adds Ex-UBS Advisor With $275M To Independent Platform

by FA Staff

Matthew Sheffield has launched Burlwood Wealth through an affiliation with LPL's Strategic Wealth Services.

Massachusetts Eyes Mansion Tax To Fund Affordable Housing

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The initiative mirrors a measure recently spurned by Chicago voters.

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