FA News

Buffett Backs Off Stock Rally As His Cash Pile Hits Record

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With stocks at record highs, Berkshire Hathaway Inc. sold $1 billion more worth of stocks than it bought last quarter.

'Mansion Tax' Could Sting Your Wealthy Clients

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In some states, the tax applies to expensive homes that aren't really mansions.

Commodities Sag As Top Buyer Suddenly Has Lighter Wallet

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Commodities have suffered during U.S. President Donald Trump’s trade war on China.

Bitcoin Jumps Above $11,000 As Cryptos Climb Amid Market Turmoil

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Bitcoin historically has had low correlation with most asset classes, it has lately moved inversely to Asian stocks.

Amazon Is Squeezing Sellers That Offer Better Prices On Walmart

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Antitrust experts say the Amazon policy is likely to attract scrutiny from Congress and the Federal Trade Commission.

China Retaliation Is `11' On Scale Of 1 To 10, Wall Street Warns

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Analysts are spreading the alarm about a possible escalation in the U.S./China trade war.

Commonwealth 'Vehemently Denies' SEC Charges

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The SEC has charged Commonwealth Financial Network with failing to disclose material conflicts of interest.

Valliere: Trump's 'Reckless Gamble' On Tariffs

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He is among a host of Wall Streeters warning about the ramifications of a long-lasting trade war between the U.S. and China.

Trading In ETFs Spikes To 2019 Highs As Trump, Fed Rattle Stocks

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The renewed bout of equity volatility sent exchange-traded fund volumes through the roof during the final days of July and first few days of August.

Advisor Sees 'Fatal Mistakes' Women Have Made With Finances

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AXA's Molly Ward says fear and anxiety lead some women to do nothing about money issues.

American Adults Say Student Loans Debt Hurts Retirement Savings, Romantic Relationships

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A study by TIAA-MIT AgeLab found that parents and grandparents who borrow for loved ones are hardest hit.

NASAA Supports Massachusetts' Tough Fiduciary Standard

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The state says it proposed the standard because the SEC "has failed to provide investors with the protections they need."

Software Start-Up Sues Envestnet Unit For $100 Million Over Trade Secrets

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The start-up hired a former Trump attorney to bring the lawsuit.

Breadwinner Women More Risk Tolerant Than Men, FlexShares Finds

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In a recent survey, women are also less interested in socially responsible strategies than men.

U.S. Adds 164,000 Jobs In July, Wages Pick Up

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The jobless rate held at 3.7%, near a half-century low, while average hourly earnings climbed 3.2% from a year earlier.

Advisor Helps Client Avoid Big Tax Hit On 'Backdoor' Roth Conversion

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The client's traditional IRA included pretax and after-tax contributions—a huge complication.

Navigating The ETF Factor Zoo

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It helps to understand a few basic types of factor ETFs.

Economy, Not Tax Code, Drives Charitable Giving

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The Tolleson Wealth Management director of philanthropy says economic confidence is boosting charities.

The Rich Are Tight-Lipped On Family Wealth Decisions

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Two-thirds of wealthy people don’t talk with family members about how they're passing on assets, Bank of America found.

Kestra Financial Plans Future Of Aggressive RIA Acquisitions

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Bluespring Wealth Partners was created to identify firms to acquire and ease their transitions.