FA News

A 600-Page Textbook About Modern Monetary Theory Has Sold Out

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The unorthodox doctrine says governments have spare capacity to borrow and spend.

Has Health-Care Sector Caught A Cold It Can't Shake?

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The stalwart sector is running into heavy political headwinds.

$330M Kansas RIA Joins Carson Partners Platform

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Driven Wealth Strategies was formerly with Waddell & Reed.

LPL Will Cut ETF Prices On RIA Platforms

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Fees will be reduced by 45 percent on funds from certain sponsors.

Alzheimer's Erodes Money Skills Earlier Than Previously Thought, Duke Study Says

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Deterioration of money skills can be seen in people during the early stages of the disease, researchers said.

What Wealthy Clients Want From Advisors

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They want expertise, ethics and strong engagement, an industry group says in a new report.

Goldman Steers Stock Pickers Toward ETFs As Liquidity Evaporates

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That might be a bitter pill to swallow for stock pickers.

N.J. Pension To Cut Hedge Fund Exposure 50% Amid High Fees

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The state investment council voted to cut its target allocation to hedge funds to about $2 billion.

Is The Timing Right For New Managed Futures ETF?

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Recent volatility might bode well for the newly launched iM DBi Managed Futures Strategy ETF.

Bond Bears Chased Off As Dreams Of 4% Treasury Yields Vanish

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It’s increasingly looking like a fool’s errand to remain a bond bear.

Women Filling New Corporate Board Roles At Faster Pace

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Women filled 40 percent of new board seats at Fortune 500 companies in 2018, a record.

JPMorgan Agrees To Biggest-Ever Settlement In Anti-Dad Bias Case

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A male employee alleged the bank’s parental leave policy was biased against dads.

Average Fund Fees Saw Another Big Drop In 2018

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Morningstar says flows to passive funds are playing a big role in the plunging fee averages.

Momentum ETF Bets $3.5 Billion On Tech Just As Trade War Resumes

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An $8.7 billion ETF betting the stock market’s winners will keep on winning just can’t catch a break.

Financial Tech Chiefs Seek Bigger Cybersecurity Budgets

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Concerns escalate as cybercriminals mimic RIAs and broker-dealers.

U.S. Growth Revised Lower By Less Than Expected To 3.1%

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The revision suggests the effects of the escalated trade war with China.

Democrats Push Ahead On New NAFTA In Spite Of Trump-Pelosi Feud

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Democrats hope a new NAFTA can be hammered out despite the background of impeachment talk ahead of the 2020 elections.

Wall Street Sees Big Win In SEC's Crackdown On Broker Conflicts

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Investor advocates are concerned the regulations fall short.

Advisors Can Play A Role In Keeping Clients Healthy, Doctors Say

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Financial advisors can help aging retirees make the kind of choices that keep them living healthier, longer lives.