FA News

SEC: California Advisor Duped Clients Out Of $3M

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The SEC said Craig Rumbaugh persuaded clients to invest with an investor who had been charged with running a Ponzi scheme.

Trump 2020 Re-Election May Be At Slowing Economy's Mercy

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The growing odds of recession before the 2020 election threaten President Trump’s hopes of a second term.

Wealth Management M&A Activity On Course For Record Year

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The value of deals in July more than doubled from a year earlier, mainly due to one monster deal, Fidelity said.

Three Ways To Profit From $16 Trillion Of Negative-Yielding Debt

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These assets are guaranteed to return less than their face value, but there are ways they can be traded for profit.

Pelosi Threatens To Block U.S.-U.K. Post-Brexit Trade Deal

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The House speaker said a trade deal would be rejected if it threatens peace in Northern Ireland.

The Last Recession Crippled U.S. States. But Bondholders Won Big

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As markets signal growing concerns about an economic slowdown, municipal securities again seem poised to benefit.

Market Volatility Is Even Clobbering Cryptocurrencies

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Some cybercurrency advocates have been pointing to Bitcoin as a haven, but recently it has fallen along with equities.

T. Boone Pickens-Affiliated ETF Switches From Oil To Clean Energy

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The fund’s original incarnation failed to attract assets; now it’s pinning its hopes on renewable energy.

Capital One Accused Hacker May Have Hit 30 Other Companies

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Prosecutors haven't identified any of the other companies whose data was allegedly breached.

Survey: Many Age Groups Express Interest In ESG Investing, But Few Participate

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Interest in using ESG principals for investing isn't just limited to millennials, according to the Allianz Life survey.

Chalice Adds Cyber Security Protection For Advisors

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Chalice Financial Network continues to expand its services for member advisory firms.

JPMorgan Strategist Sees U.S. Yields Getting Pulled To Zero Fast

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The catalyst is the extended U.S.-China trade war, which is leading to falling capital expenditures worldwide.

SEC: Advisor Used Business Incubator Scam To Fund 'Lavish' Lifestyle

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Stuart Frost's "exorbitant" fees harmed the start-up companies and clients of his who invested in them, the SEC said.

Mercer Advisors Expands Northeast Footprint Via Acquisition

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The company has bought Connecticut-based Regent Wealth Management.

Wall Street Hunts For Cheap Hedges As Stock Turmoil Gets Worse

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Strategists say there are still cheap hedges available to worried investors.

Investors Cash In On Ebola Bonds That Haven't Paid Out

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Pandemic bonds are triggered by patterns in deaths from infectious diseases.

Recession Warnings Pile Up For The Battered Global Economy

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The downturn is ramping up pressure on governments to step up to the plate with fiscal stimulus.

Americans Say They Can't Afford A Vacation

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Constant reminders that a recession may be near are among the reasons consumers are staying home.

Greece Is Beating Its Peers

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The lone Greece-focused ETF is up 27% this year.

How RIAs Use Peer Comparisons To Be Competitive

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The Schwab RIA Benchmarking Study prompts RIAs to make changes to be competitive and grow.