FA News

Stock Market Wars In U.S. Pit Everyone Against Everyone Else

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Investors, exchanges and traders are battling over potential conflicts of interest.

Wells Fargo KC Team Moves To Independent Unit With $285M In AUM

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After 20 years, Kansas City advisors and partners Jonathan Sarver and Peter Vrooman are going independent as Sarver Vrooman Wealth Advisors, according to a news release.

VanEck, SolidX Offer ETF-Like Bitcoin Product To Large Investors

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ETF-like cryptocurrency funds are being offered to institutional and certain other qualified buyers.

Start Betting On A Trade Deal, Rates Veteran David Woo Says

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David Woo believes that President Trump will push for a deal to shore up his chances of re-election.

Hurricanes, Fires To Hit Insurers With Double-Digit Rate Hikes

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Property owners in general are likely to bear part of the financial brunt of Hurricane Dorian.

King Dollar Is Left, Right And Center Of Emerging-Market Malaise

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Emerging markets investors have been hurt by a stronger dollar, and U.S. rate cuts might not help.

Florida Drivers Filling Up Before Hurricane Leave Tanks Dry

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Gas stations in parts of Florida are running out of fuel as drivers race to fill up ahead of Hurricane Dorian.

Trump Slams GM As U.S. Workforce Shrinks To Detroit’s Smallest Automaker

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By calling attention to GM’s decline, Trump has added to the pressure the company will be under at the bargaining table later this year.

U.S. Consumer Sentiment Falls Most Since 2012 On Tariff Concern

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The increasingly downbeat mood suggests growing concern about trade policy uncertainty and a potential economic downturn.

SEC: Cetera Advisors Reaped More Than $10M From Defrauding Clients

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The SEC said Cetera Advisors used deceptive practices to invest clients’ money.

Global Banks Prepare Their Next Moves As Johnson Steps Up Brexit Plans

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JPMorgan Chase, Nomura Holdings and Wells Fargo are among those taking action.

SEC: Florida Lawyer, Advisor Charged With Defrauding Retired NFL Players

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The victims were retired players suing the NFL over alleged brain injuries from concussions, the SEC said.

Americans Pushed To The Suburbs As City Prices Soar Out Of Reach

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Soaring home prices are starting to pump the brakes on the city trend.

Conference Board: Job Satisfaction At Highest Level In More Than Two Decades

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Despite the upbeat attitude, people are not optimistic about their current job’s potential for future growth.

HNW Investors Embrace Mobile Technology But Lack Confidence In Cybersecurity

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Nearly 90% of HNW investors say mobile technology has been a positive for managing their finances.

Mnuchin Says Ultra-Long Bonds Under ‘Very Serious Consideration’

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The move by the Trump administration would mark a historic revamp of the $16 trillion Treasurys market.

Associate Of Fraudster Dawn Bennett Sentenced To 30 Months In Prison

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Bradley Mascho helped the celebrity advisor carry out a $20 million fraud, prosecutors said.

Gold Tops $1,500 As Investors Seek Shelter From Gathering Storm

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Gold has been one of the chief beneficiaries of the turmoil in global financial markets as Washington and Beijing spar over trade.

Intermountain Financial Joins LPL Platforms With $700M In AUM

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The hybrid advisor based in Utah will join LPL's B-D and RIA platforms.