FA News

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Jon Beatty To Succeed Bernie Clark At Helm Of Schwab Advisor Services

by FA Staff

Tom Bradley was named chief client officer for Schwab's advisor services business.

MIT Brothers Arrested Over Rapid-Fire $25 Million Crypto Heist

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The U.S. Justice Department has been focused on stamping out fraud and misconduct in the crypto industry.

More Companies Are Selling Shares To Help Cut Debt

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Quality companies that do come to the market will find willing investors.

Michael Burry Boosts Bets On China Big Tech As Stocks Rebound

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Global investors have been making a cautious return to the Chinese stock market.

Bond Yield Volatility Has Fund Managers Overhauling Trading Strategies

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Government bonds are now among the most unpredictable vehicles in the investment world.

Jamie Dimon Sees 'Lot Of Inflationary Forces In Front Of Us'

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Interest rates may remain higher for longer than many investors expected, he said.

Baby Boomers Are Loving The 'Freedom' Of Renter Life

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The boomer generation prefers the flexibility of renting a home versus buying one.

Former Jefferies Rep Suspended For WhatsApp Communications, Finra Says

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Ariel Rivero used the app to secretly attempt to settle a dispute with a client, the regulator said.

Advisors Who Hang On Too Long Are Failing Clients, Dynasty Execs Say

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A firm with no succession plan will lose value, clients and next-gen talent, they said.

Ed Slott Sees Boomer Retirements, Layoffs As 'Amazing Opportunities' For Advisors

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Now is the ideal time for advisors to turn 401(k) account holders into clients, he said.

Two Veteran Merrill Lynch Advisors Move To RBC In Maryland

by FA Staff

The Barnes Group and the Pollard Team manage a combined $900 million in client assets.

Core CPI Cools For First Time In Six Months In Relief For Fed

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Economists see the core gauge as a better indicator of underlying inflation than the overall CPI.

Bill Gross Sells GameStop, AMC Options To Cash In On Meme Mania

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The trades come weeks after Gross sold options underlying former president Donald Trump's media firm.

S&P 500 Is Going Nowhere Through Year-End, Goldman's Kostin Says

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The firm's chief US equity strategist predicted “roughly a flat return from now until the end of the year.”

Meme-Stock Mania Revival Hits Short Sellers With Over $1 Billion Losses

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Most of the losses incurred by short sellers on the meme stocks' spikes happened in the last two sessions.

The Great 'Vibecession' Rages Through An $11 Trillion Stock Boom

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The stock market may be cheering up rich Americans, but it's doing little to invigorate the less affluent.

iCapital To Launch Customized Alternative Model Portfolios

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The move comes a week after the firm launched its first model portfolios.

Vanguard Names BlackRock Executive Salim Ramji To Succeed Buckley As CEO

by FA News

Ramji's experience building BlackRock's ETF and indexing business operations made him an attractive candidate.

Wall Street Casino Is Open For Business As Meme Stocks Take Over

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Meme stock darlings GameStop and AMC Entertainment have skyrocketed in value in the last few days.

New Group Aims To Keep Politics Out Of Pension Investing

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The nonprofit Alliance for Prosperity and a Secure Retirement includes BlackRock as one of its founding members.

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